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Trade Alert: Major Technical Support Tagged On $RMP

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This article is published in collaboration with Scutify, where you can find real-time markets and stock commentary from Robert Marcin, Cody Willard and others. Download the Scutify iOS App, the Scutify Android App or visit Scutify.com.

Rice Midstream Partners LP (NYSE:RMP) just hit a major support level after falling almost 30% today. Based on technical chart analysis, Rice Midstream Partners has monster support at $17.40 which just tagged. Investors can be looking for a strong bounce off this level, maybe as high as $20.00 if they are patient. This is a volatile play, so caution and good money management should be used.

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Investors buy Rice Midstream Partners LP on chart support


This article was written by Tony Jackson for on .

This article published in collaboration with Scutify, the best app for traders and investors. Download the Scutify iOS App, the Scutify Android App or visit Scutify.com.

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