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Is RDW getting ready to pop? NR7 shows up after rising 0.44%
On Monday, July 6th, RDW moved up 0.44% while volume shrunk to 0.4× the usual levels. consolidation patterns formed: NR7 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 11.09, 10.83 & 10.56, with resistance at 11.62, 11.89 & 12.15. Technical indicators like Slow Stochastic reveal oversold momentum right now.
Current SwingTradeBot Technical Rating of RDW: D
Want the complete picture? Head to SwingTradeBot to see the rest of today’s action.
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