SECURITY BANK CORPORATION (SECB)

SECB continue to set a 52-week low. Now trading at 105.70, it close at the lowest price of the day. Will the Marubozu signal the last big drop before the calm? Based on 2-year chart we see that it is now at 76.4% Fibonacci Retracement level where it was a support last 2012. Is this level still strong? Or we will see SECB to check at 95 level?

Caveat!

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