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20 Day Moving Average Resistance appears for SDRL after 2.85% move
On Wednesday, October 8th, SDRL moved down 2.85% while volume was to 1.1× the usual levels. Multiple bearish signals emerged — 20 DMA Resistance, Fell Below 50 DMA & MACD Bearish Centerline Cross — suggesting potential weakness ahead. Key support levels exist at 30.38, 29.79 & 28.84, with resistance at 31.92, 32.87 & 33.46.
Current SwingTradeBot Technical Rating of SDRL: D
This might just be the start. See what else showed up for SDRL today.
Read full article here »