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Is RCEL building bullish momentum? 50 Day Moving Average Support shows up after sinking 2.0%
RCEL posted a 2.0% loss on Friday, July 31st, accompanied by 0.4× normal trading volume. The session formed a 50 DMA Support, often signaling a possible continuation. Key support levels exist at 4.24, 4.08 & 3.91, with resistance at 4.57, 4.73 & 4.89.
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 »