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Narrow Range Bar appears for RDI after 1.14% move
RDI closed up 1.14% on Wednesday, June 24th, with volume running 0.9× below average. consolidation patterns formed: Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 1.32, 1.31 & 1.29, with resistance at 1.35, 1.37 & 1.38. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of RDI: A
Today’s move could mean more—check all the signals for RDI on SwingTradeBot.
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