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Is RHP preparing to trend higher? Non-ADX 1,2,3,4 Bullish shows up after slipping 2.66%
On Tuesday, August 4th, RHP moved down 2.66% while volume increased to 1.8× the usual levels. Mixed technical signals appeared with Non-ADX 1,2,3,4 Bullish suggesting upside potential, while Fell Below 20 DMA and MACD Bearish Signal Line Cross indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 126.48, 124.76 & 121.45, with resistance at 131.51, 134.82 & 136.54.
Current SwingTradeBot Technical Rating of RHP: B
This might just be the start. See what else showed up for RHP today.
Read full article here »