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Slingshot Bullish appears for RSI after 1.73% move
RSI posted a 1.73% loss on Wednesday, July 15th, accompanied by 1.2× normal trading volume. Slingshot Bullish — typically a warning sign for traders — developed during the session. Key support levels exist at 32.36, 31.8 & 30.78, with resistance at 33.94, 34.96 & 35.52. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of RSI: A
Is this the only signal? Not even close. Explore the full breakdown at SwingTradeBot.
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