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Lower Bollinger Band Walk appears for RLJ after 0.46% move
On Thursday, August 13th, RLJ moved up 0.46% while volume was to 0.9× the usual levels. consolidation patterns formed: Calm After Storm, suggesting a potential continuation after price stabilization. Key support levels exist at 10.81, 10.67 & 10.49, with resistance at 11.13, 11.31 & 11.45. Technical indicators like Slow Stochastic reveal oversold momentum right now.
Current SwingTradeBot Technical Rating of RLJ: D
Today’s move could mean more—check all the signals for RLJ on SwingTradeBot.
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