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Lower Bollinger Band Walk appears for RMR after 1.05% move
On Monday, August 3rd, RMR moved down 1.05% while volume was to 1.0× the usual levels. The session formed a Lower Bollinger Band Walk, often signaling a possible continuation. Key support levels exist at 18.64, 18.45 & 18.09, with resistance at 19.19, 19.55 & 19.74. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of RMR: C
Just a sneak peek — check SwingTradeBot.com for the full story on RMR.
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