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Is SD coiling for a breakout? Bollinger Band Squeeze shows up after slipping 3.02%
On Friday, September 19th, SD moved down 3.02% while volume surged to 2.6× the usual levels. The unusually high volume suggests institutional participation in today's move. Bollinger Band Squeeze — typically a warning sign for traders — developed during the session. Key support levels exist at 11.12, 10.98 & 10.74, with resistance at 11.49, 11.73 & 11.87.
Current SwingTradeBot Technical Rating of SD: C
There’s more where that came from. See all of today’s signals for SD here.
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