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Is RBA preparing to trend higher? Upper Bollinger Band Walk shows up after climbing 2.21%
On Tuesday, June 30th, RBA moved up 2.21% while volume was to 1.2× the usual levels. The session formed a Upper Bollinger Band Walk, often signaling a possible continuation. Key support levels exist at 114.97, 113.47 & 112.43, with resistance at 117.51, 118.55 & 120.05. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of RBA: A
Today’s move could mean more—check all the signals for RBA on SwingTradeBot.
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