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Is RCEL primed for upward momentum? Hammer Candlestick shows up after dropping 2.67%
On Friday, July 31st, RCEL moved down 2.67% while volume shrunk to 0.1× the usual levels. Mixed technical signals appeared with Hammer Candlestick suggesting upside potential, while Fell Below 50 DMA indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 4.27, 4.17 & 4.1, with resistance at 4.45, 4.52 & 4.62.
Current SwingTradeBot Technical Rating of RCEL: C
There’s more where that came from. See all of today’s signals for RCEL here.
Read full article here »