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Is RNW showing upside potential? 20 Day Moving Average Support shows up after rising 1.13%
RNW closed up 1.13% on Monday, August 3rd, with volume running 0.6× below average. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 6.19, 6.08 & 6.0, with resistance at 6.38, 6.46 & 6.57.
Current SwingTradeBot Technical Rating of RNW: C
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