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Is RC set to rally? Crossed Above 20 Day Moving Average shows up after rallying 5.42%
RC posted a 5.42% gain on Thursday, June 18th, accompanied by 1.7× normal trading volume. Mixed technical signals appeared with Crossed Above 20 DMA and MACD Bullish Signal Line Cross and Pocket Pivot suggesting upside potential, while 50 DMA Resistance indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 1.7, 1.66 & 1.61, with resistance at 1.79, 1.84 & 1.88.
Current SwingTradeBot Technical Rating of RC: F
This might just be the start. See what else showed up for RC today.
Read full article here »