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dorfmanmaster

Rite Aid potential bounce back

dorfmanmaster  
NYSE:RAD   None
Beyond Technical Analysis Technical Indicators Trend Analysis riteaid amazon AMZN healthcare support bounceback
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beyondta indicator trendanalysis riteaid amazon amzn healthcare support bounceback
RAD has been profiting of Amazon using it's stores. Which is basically saving the company.

RAD is finding support again around $6.4, not getting to oversold levels! (RSI(10) < 30)

Be mindful that today's volume is below the average volume (which is a bearish sign on a pullback). Important to check today's price & volume at close.
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