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Fell Below 20 Day Moving Average appears for REI after 6.67% move
REI closed down 6.67% on Friday, September 19th, with volume running 2.1× above average. The unusually high volume suggests institutional participation in today's move. The session formed a Fell Below 20 DMA, often signaling a possible continuation. Key support levels exist at 0.96, 0.94 & 0.89, with resistance at 1.02, 1.07 & 1.09.
Current SwingTradeBot Technical Rating of REI: D
What else did REI do today? Find out on SwingTradeBot.
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