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Is RFIL lining up for a decline? 20 Day Moving Average Resistance shows up after dropping 1.99%
RFIL closed down 1.99% on Friday, August 7th, with volume running 0.6× below average. The session formed a 20 DMA Resistance, often signaling a possible continuation. Key support levels exist at 12.55, 12.29 & 11.79, with resistance at 13.31, 13.81 & 14.07.
Current SwingTradeBot Technical Rating of RFIL: D
Want the complete picture? Head to SwingTradeBot to see the rest of today’s action.
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