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New Downtrend appears for REI after 0.88% move
REI posted a 0.88% loss on Monday, June 22nd, accompanied by 0.7× normal trading volume. consolidation patterns formed: NR7 and NR7-2 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 1.12, 1.1 & 1.09, with resistance at 1.15, 1.16 & 1.18. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of REI: F
Is this the only signal? Not even close. Explore the full breakdown at SwingTradeBot.
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