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Is RDN building bullish momentum? New Uptrend shows up after dropping 0.54%
RDN posted a 0.54% loss on Tuesday, August 18th, accompanied by 0.1× normal trading volume. Mixed technical signals appeared with New Uptrend and Directional Movement Crossover Bullish suggesting upside potential, while 50 DMA Resistance indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 36.57, 36.3 & 35.74, with resistance at 37.4, 37.96 & 38.23.
Current SwingTradeBot Technical Rating of RDN: C
There’s more where that came from. See all of today’s signals for RDN here.
Read full article here »