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Is RNW primed for upward momentum? New 52 Week Closing High shows up after soaring 6.36%
RNW closed up 6.36% on Wednesday, October 1st, with volume running 2.2× above average. The unusually high volume suggests institutional participation in today's move. Multiple bullish signals emerged — New 52 Week High, New 52 Week Closing High, Expansion Breakout, MACD Bullish Signal Line Cross, Directional Movement Crossover Bullish, Expansion Pivot Buy Setup & Pocket Pivot — suggesting potential strength ahead. Key support levels exist at 7.97, 7.76 & 7.62, with resistance at 8.32, 8.46 & 8.67.
Current SwingTradeBot Technical Rating of RNW: B
More technical signals and insights for RNW → Visit SwingTradeBot.com
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