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Is RDI likely to continue higher? 20 Day Moving Average Support shows up after advancing 0.77%
RDI posted a 0.77% gain on Friday, July 17th, accompanied by 1.1× normal trading volume. The session formed a 20 DMA Support, often signaling a possible continuation. Key support levels exist at 1.28, 1.26 & 1.23, with resistance at 1.33, 1.36 & 1.38.
Current SwingTradeBot Technical Rating of RDI: B
There’s more where that came from. See all of today’s signals for RDI here.
Read full article here »