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Is SLS gaining bearish strength? 20 Day Moving Average Resistance shows up after climbing 4.97%
SLS closed up 4.97% on Wednesday, October 1st, with volume running 2.0× above average. Multiple bearish signals emerged — 20 DMA Resistance and 50 DMA Resistance — suggesting potential weakness ahead. Key support levels exist at 1.61, 1.53 & 1.46, with resistance at 1.76, 1.83 & 1.91. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of SLS: D
This might just be the start. See what else showed up for SLS today.
Read full article here »