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50 Day Moving Average Support appears for RBA after 4.51% move
RBA closed down 4.51% on Thursday, July 30th, with volume running 1.0× below average. Mixed technical signals appeared with 50 DMA Support suggesting upside potential, while Fell Below 20 DMA and Directional Movement Crossover Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 107.85, 105.68 & 102.22, with resistance at 113.48, 116.94 & 119.11.
Current SwingTradeBot Technical Rating of RBA: B
There’s more where that came from. See all of today’s signals for RBA here.
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