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Is RLX primed for downward momentum? New 52 Week Low shows up after a flat session
On Thursday, June 25th, RLX remained flat, accompanied by volume at 0.6× the usual levels. reversal patterns (Doji - Bullish?) combined with consolidation patterns (NR7) suggest a potential shift in market dynamics. Key support levels exist at 1.77, 1.75 & 1.73, with resistance at 1.81, 1.83 & 1.85. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of RLX: F
This might just be the start. See what else showed up for RLX today.
Read full article here »