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Is REED building pressure? NR7 shows up after declining 0.75%
REED posted a 0.75% loss on Monday, July 6th, accompanied by 0.5× normal trading volume. consolidation patterns formed: NR7 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 1.31, 1.3 & 1.28, with resistance at 1.34, 1.36 & 1.37.
Current SwingTradeBot Technical Rating of REED: F
There’s more where that came from. See all of today’s signals for REED here.
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