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Is SQNS showing upside potential? New Uptrend shows up after rallying 8.85%
On Thursday, September 18th, SQNS moved up 8.85% while volume was to 0.8× the usual levels. Multiple bullish signals emerged — New Uptrend and Directional Movement Crossover Bullish — suggesting potential strength ahead. Key support levels exist at 9.64, 8.94 & 8.3, with resistance at 10.98, 11.62 & 12.32. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of SQNS: F
Want the complete picture? Head to SwingTradeBot to see the rest of today’s action.
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