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Is RACD primed for upward momentum? New 52 Week Closing High shows up after climbing 1.6%
RACD finished higher by 1.6% on Friday, July 24th, trading 1.7 times its typical volume. New 52 Week Closing High — typically a warning sign for traders — developed during the session. Key support levels exist at 10.45, 10.07 & 9.89, with resistance at 11.01, 11.19 & 11.57.
Current SwingTradeBot Technical Rating of RACD: C
Is this the only signal? Not even close. Explore the full breakdown at SwingTradeBot.
Read full article here »