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Is RGCO showing downside potential? 20 Day Moving Average Resistance shows up after dropping 0.55%
RGCO posted a 0.55% loss on Tuesday, September 9th, accompanied by 0.6× normal trading volume. The session formed a 20 DMA Resistance, often signaling a possible continuation. Key support levels exist at 21.7, 21.52 & 21.23, with resistance at 22.17, 22.46 & 22.64.
Current SwingTradeBot Technical Rating of RGCO: C
There’s more where that came from. See all of today’s signals for RGCO here.
Read full article here »