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Is SCNX showing upside potential? Jack-in-the-box Bullish shows up after plummeting 39.62%
SCNX closed down 39.62% on Friday, October 24th, with volume running 3.7× above average. The unusually high volume suggests institutional participation in today's move. Mixed technical signals appeared with Jack-in-the-Box Bullish suggesting upside potential, while Fell Below 200 DMA indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 1.37, 1.17 & 0.86, with resistance at 1.88, 2.19 & 2.39.
Current SwingTradeBot Technical Rating of SCNX: F
There’s more where that came from. See all of today’s signals for SCNX here.
Read full article here »