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Is RDW coiling for a breakout? NR7 shows up after tumbling 5.18%
RDW closed down 5.18% on Thursday, June 25th, with volume running 0.1× below average. consolidation patterns formed: NR7 and NR7-2 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 10.35, 9.9 & 9.43, with resistance at 11.27, 11.74 & 12.19. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of RDW: D
This might just be the start. See what else showed up for RDW today.
Read full article here »