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SMHI forms Upper Bollinger Band Walk on September 19
SMHI closed down 5.53% on Friday, September 19th, with volume running 4.6× above average. The unusually high volume suggests institutional participation in today's move. Upper Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 6.64, 6.46 & 6.16, with resistance at 7.12, 7.42 & 7.6.
Current SwingTradeBot Technical Rating of SMHI: C
This might just be the start. See what else showed up for SMHI today.
Read full article here »