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Is RDDT showing upside potential? Crossed Above 50 Day Moving Average shows up after rallying 5.64%
On Friday, June 26th, RDDT moved up 5.64% while volume was to 1.3× the usual levels. Multiple bullish signals emerged — Crossed Above 50 DMA, Bullish Engulfing, Directional Movement Crossover Bullish & Pocket Pivot — suggesting potential strength ahead. Key support levels exist at 158.76, 150.57 & 145.45, with resistance at 172.07, 177.19 & 185.38.
Current SwingTradeBot Technical Rating of RDDT: D
There’s more where that came from. See all of today’s signals for RDDT here.
Read full article here »