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RELL forms 50 Day Moving Average Support on July 2
RELL closed down 11.51% on Thursday, July 2nd, with volume running 0.9× below average. Mixed technical signals appeared with 50 DMA Support suggesting upside potential, while Fell Below 20 DMA and Bearish Engulfing and Stochastic Sell Signal and MACD Bearish Signal Line Cross and Directional Movement Crossover Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 15.62, 14.64 & 12.92, with resistance at 18.32, 20.04 & 21.02.
Current SwingTradeBot Technical Rating of RELL: C
Just a sneak peek — check SwingTradeBot.com for the full story on RELL.
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