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Is RDWR showing downside potential? 20 Day Moving Average Resistance shows up after advancing 1.4%
RDWR closed up 1.4% on Friday, August 7th, with volume running 0.7× below average. consolidation patterns formed: NR7, suggesting a potential continuation after price stabilization. Key support levels exist at 27.98, 27.66 & 27.16, with resistance at 28.8, 29.3 & 29.62.
Current SwingTradeBot Technical Rating of RDWR: D
There’s more where that came from. See all of today’s signals for RDWR here.
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