Rite Aid Corp Trade Idea - Might be a cup and handle pattern.

23 Şub 2020

6M chart still controlled by the bulls. First signal of recovery is to break 17.31 as this means that bulls are now in control of the range. Go long if 17.35 breaks, cut at 16.55. Upside volatilty is increased if it breaks 18.55. Near term target profit is 23

26 Şub 2020

İşlem aktif

Was not able to get to levels that I wanted. Still tradeble as long as 11.68 holds. Keep watch for reversal at that levels