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Slingshot Bullish appears for RNR after 4.28% move
On Thursday, July 30th, RNR moved down 4.28% while volume was to 1.2× the usual levels. Mixed technical signals appeared with Slingshot Bullish suggesting upside potential, while Fell Below 20 DMA and Bearish Engulfing and Stochastic Sell Signal and MACD Bearish Signal Line Cross and Directional Movement Crossover Bearish indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 311.37, 304.38 & 293.64, with resistance at 329.1, 339.84 & 346.83.
Current SwingTradeBot Technical Rating of RNR: B
There’s more where that came from. See all of today’s signals for RNR here.
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