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Is REED coiling for a breakout? Narrow Range Bar shows up after a flat session
REED closed flat on Thursday, July 23rd with volume at 0.2× average. Narrow Range Bar — typically a warning sign for traders — developed during the session. Key support levels exist at 0.91, 0.89 & 0.88, with resistance at 0.94, 0.95 & 0.98.
Current SwingTradeBot Technical Rating of REED: F
Just a sneak peek — check SwingTradeBot.com for the full story on REED.
Read full article here »