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Is SGU building bearish momentum? 20 Day Moving Average Resistance shows up after dropping 1.04%
SGU posted a 1.04% loss on Friday, September 19th, accompanied by 1.2× normal trading volume. 20 DMA Resistance — typically a warning sign for traders — developed during the session. Key support levels exist at 11.36, 11.29 & 11.16, with resistance at 11.57, 11.7 & 11.77. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of SGU: F
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