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Is RDI preparing to trend lower? Fell Below 20 Day Moving Average shows up after dropping 1.54%
RDI closed down 1.54% on Wednesday, July 8th, with volume running 0.0× below average. consolidation patterns formed: NR7 and Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 1.26, 1.24 & 1.24, with resistance at 1.28, 1.28 & 1.3.
Current SwingTradeBot Technical Rating of RDI: C
Don’t miss other key signals RDI triggered—view them now on SwingTradeBot.com.
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