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20 Day Moving Average Support appears for RES after 1.2% move
RES finished higher by 1.2% on Tuesday, July 21st, trading 0.8 times its typical volume. Mixed technical signals appeared with 20 DMA Support and Pocket Pivot suggesting upside potential, while 1,2,3 Retracement Bearish and Non-ADX 1,2,3,4 Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 5.81, 5.7 & 5.62, with resistance at 6.01, 6.09 & 6.2. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of RES: D
Just a sneak peek — check SwingTradeBot.com for the full story on RES.
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