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Is RBB gaining bearish strength? Fell Below 20 Day Moving Average shows up after dropping 2.56%
RBB posted a 2.56% loss on Friday, September 19th, accompanied by 1.8× normal trading volume. Fell Below 20 DMA — typically a warning sign for traders — developed during the session. Key support levels exist at 19.15, 18.85 & 18.45, with resistance at 19.86, 20.26 & 20.56.
Current SwingTradeBot Technical Rating of RBB: D
There’s more where that came from. See all of today’s signals for RBB here.
Read full article here »