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Is RXT positioned for a breakdown? Bearish Engulfing shows up after slipping 2.7%
RXT finished lower by 2.7% on Friday, September 19th, trading 1.6 times its typical volume. The session formed a Bearish Engulfing, often signaling a possible continuation. Key support levels exist at 1.4, 1.36 & 1.32, with resistance at 1.48, 1.53 & 1.57.
Current SwingTradeBot Technical Rating of RXT: D
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