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Is RDW ready to move higher? Pocket Pivot shows up after rallying 8.8%
On Thursday, July 30th, RDW moved up 8.8% while volume was to 0.8× the usual levels. Mixed technical signals appeared with Pocket Pivot suggesting upside potential, while New Downtrend and Jack-in-the-Box Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 8.11, 7.76 & 7.55, with resistance at 8.67, 8.88 & 9.23. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of RDW: D
Just a sneak peek — check SwingTradeBot.com for the full story on RDW.
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