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RIG Crossed Above 20 Day Moving Average on July 13
RIG posted a 2.98% gain on Monday, July 13th, accompanied by 2.1× normal trading volume. The unusually high volume suggests institutional participation in today's move. Multiple bullish signals emerged — Crossed Above 20 DMA and Pocket Pivot — suggesting potential strength ahead. Key support levels exist at 5.21, 5.07 & 4.96, with resistance at 5.47, 5.58 & 5.72.
Current SwingTradeBot Technical Rating of RIG: C
This might just be the start. See what else showed up for RIG today.
Read full article here »