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Is RLJ showing downside potential? MACD Bearish Signal Line Cross shows up after gaining 0.77%
On Thursday, July 2nd, RLJ moved up 0.77% while volume was to 0.9× the usual levels. MACD Bearish Signal Line Cross — typically a warning sign for traders — developed during the session. Key support levels exist at 11.65, 11.53 & 11.39, with resistance at 11.92, 12.06 & 12.18. Technical indicators like Slow Stochastic reveal overbought momentum right now.
Current SwingTradeBot Technical Rating of RLJ: A
This might just be the start. See what else showed up for RLJ today.
Read full article here »