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RAVE forms 20 Day Moving Average Support on July 7
On Tuesday, July 7th, RAVE moved down 1.2% while volume was to 4.8× the usual levels. The unusually high volume suggests institutional participation in today's move. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 3.2, 3.1 & 2.98, with resistance at 3.42, 3.54 & 3.64.
Current SwingTradeBot Technical Rating of RAVE: B
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