I was on a plane 12 hours ago and had a poor signal with the airport wifi as the plane was pulling away when I tried posting it. Anyways, SC has been long overdue for a nice pop and as of this posting it's hitting some resistance at the .618 level. SC is known for it's high volume trading and if it breaks through there's a decent chance it'll try to break through the next ceiling at .786
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If this volume continues (40 mil in 6 minutes) this is breaking through and going to the next level.
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Scratch that... I've been up for 33 hours straight and when I did the volume check I thought it was a 60 minute candle... it was halfway through the 120 session so the volume is not what I thought it was. With this update in mind, it is likely to reverse and follow the pink line before hitting support and testing .786