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Is RIO building pressure? Narrow Range Bar shows up after declining 1.2%
RIO finished lower by 1.2% on Monday, July 20th, trading 1.0 times its typical volume. Narrow Range Bar — typically a warning sign for traders — developed during the session. Key support levels exist at 88.54, 88.0 & 87.39, with resistance at 89.69, 90.3 & 90.84.
Current SwingTradeBot Technical Rating of RIO: C
This might just be the start. See what else showed up for RIO today.
Read full article here »