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RLI forms 20 Day Moving Average Support on July 16
RLI closed up 2.65% on Thursday, July 16th, with volume running 0.5× below average. The session formed a 20 DMA Support, often signaling a possible continuation. Key support levels exist at 58.59, 57.59 & 57.0, with resistance at 60.19, 60.78 & 61.78.
Current SwingTradeBot Technical Rating of RLI: B
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