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Is RAC likely to continue higher? New Uptrend shows up after a relatively flat session
RAC closed up 0.1% on Monday, August 17th, with volume running 2.0× above average. The unusually high volume suggests institutional participation in today's move. consolidation patterns formed: Narrow Range Bar, suggesting a potential continuation after price stabilization. Key support levels exist at 10.51, 10.51 & 10.51, with resistance at 10.51, 10.51 & 10.51. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of RAC: C
Today’s move could mean more—check all the signals for RAC on SwingTradeBot.
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