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Is RDW compressing before expansion? NR7 shows up after dropping 0.75%
RDW closed down 0.75% on Friday, September 19th, with volume running 2.1× above average. The unusually high volume suggests institutional participation in today's move. consolidation patterns formed: NR7, suggesting a potential continuation after price stabilization. Key support levels exist at 7.83, 7.72 & 7.51, with resistance at 8.16, 8.37 & 8.48. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of RDW: F
Just a sneak peek — check SwingTradeBot.com for the full story on RDW.
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