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Upper Bollinger Band Walk appears for RC after 3.24% move
RC posted a 3.24% loss on Tuesday, August 11th, accompanied by 0.8× normal trading volume. Upper Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 1.76, 1.72 & 1.65, with resistance at 1.86, 1.93 & 1.97. Technical indicators like Slow Stochastic reveal overbought momentum right now.
Current SwingTradeBot Technical Rating of RC: D
There’s more where that came from. See all of today’s signals for RC here.
Read full article here »