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Sunday, October 10, 2010

RDI set to test resistance again this week.

(Click to enlarge)

RDI appears poised to retest the 4.73/4.74 triple top again this week.  A break there would have this chart looking quite bullish.  As an alternative buy signal, look for RSI to break 61.  For more on RDI, see Andrew Shapiro's recent article, Substantial Debt Forgiveness at Reading International Should Boost Q4 Results.

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