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REE makes New 52 Week Closing Low on June 18
On Thursday, June 18th, REE moved down 33.72% while volume was to 6.5× the usual levels. The unusually high volume suggests institutional participation in today's move. Multiple bearish signals emerged — New 52 Week Low, Wide Range Bar, New 52 Week Closing Low, Lower Bollinger Band Walk & Directional Movement Crossover Bearish — suggesting potential weakness ahead. Key support levels exist at 0.16, 0.08 & -0.01, with resistance at 0.33, 0.43 & 0.5. Technical indicators like Slow Stochastic reveal oversold momentum right now.
Current SwingTradeBot Technical Rating of REE: F
Just a sneak peek — check SwingTradeBot.com for the full story on REE.
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