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REA forms Stochastic Reached Oversold on July 15
REA closed down 6.35% on Wednesday, July 15th, with volume running 0.5× below average. Stochastic Reached Oversold — typically a warning sign for traders — developed during the session. Key support levels exist at 11.57, 11.04 & 10.25, with resistance at 12.89, 13.68 & 14.21. Technical indicators like Slow Stochastic reveal oversold momentum right now.
Current SwingTradeBot Technical Rating of REA: F
There’s more where that came from. See all of today’s signals for REA here.
Read full article here »