Sky City Entertainment

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Open/close reversal: Sellers were in control for all the trading day for SKC

Open/close reversal: Sellers were in control for all the trading day for SKC

[BEARISH STRONG]: Sky City Entertainment opened in the upper part of daily range at 84.6% & closed in the lower part of the trading range at 7.7%. This suggests the sellers were in control all day. Over the last 12 months there has been 3 trading days with the opening price in the upper shadow & the closing the price in the lower shadow giving a confirmation ratio of 2%. Over the last month there has been 3 trading days with the opening price in the lower upper range & the closing the price in the lower price range giving a confirmation ratio of 25%.

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