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New Uptrend appears for SHO after 1.41% move
On Friday, September 19th, SHO moved down 1.41% while volume surged to 2.9× the usual levels. The unusually high volume suggests institutional participation in today's move. New Uptrend — typically a warning sign for traders — developed during the session. Key support levels exist at 9.7, 9.61 & 9.47, with resistance at 9.92, 10.06 & 10.15.
Current SwingTradeBot Technical Rating of SHO: C
Want the complete picture? Head to SwingTradeBot to see the rest of today’s action.
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