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Is RLGT likely to continue lower? Lower Bollinger Band Walk shows up after sinking 2.51%
RLGT posted a 2.51% loss on Wednesday, July 29th, accompanied by 0.2× normal trading volume. Lower Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 8.48, 8.4 & 8.28, with resistance at 8.68, 8.8 & 8.88. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of RLGT: B
This might just be the start. See what else showed up for RLGT today.
Read full article here »