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New 52 Week Closing Low appears for REED after 7.99% move
REED finished lower by 7.99% on Tuesday, August 4th, trading 0.7 times its typical volume. Multiple bearish signals emerged — New 52 Week Low, New 52 Week Closing Low & Reversal New Lows Setup — suggesting potential weakness ahead. Key support levels exist at 0.76, 0.73 & 0.66, with resistance at 0.86, 0.92 & 0.95. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of REED: F
This might just be the start. See what else showed up for REED today.
Read full article here »