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RDW forms 200 Day Moving Average Resistance on July 15
RDW posted a 3.9% loss on Wednesday, July 15th, accompanied by 0.4× normal trading volume. Multiple bearish signals emerged — 200 DMA Resistance and Reversal New Lows Setup — suggesting potential weakness ahead. Key support levels exist at 9.0, 8.64 & 7.99, with resistance at 10.01, 10.66 & 11.02. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of RDW: F
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