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RDI forms Upper Bollinger Band Walk on July 23
RDI posted a 2.72% loss on Thursday, July 23rd, accompanied by 1.8× normal trading volume. Upper Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 1.38, 1.34 & 1.29, with resistance at 1.48, 1.53 & 1.57. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of RDI: A
Just a sneak peek — check SwingTradeBot.com for the full story on RDI.
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