RDY - 21 OCT 2021
Text me if you have any questions/comments for me.
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RDY
- Previous analysis was done on 12 Oct (red arrow) -> suggested entry at 3.50 levels is believe the stock can form a new all-time high
- Since then, the stock rose 10% to create a new all-time high before retracing to the 3.60 resistance-turned-support (orange line)
- A successful rebound would be around 3.80 levels
- Personally, I feel another test of the short-term average would be better for the health of the trend
- R is less than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a successful rebound before plotting entry
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RDY
- Previous analysis was done on 12 Oct (red arrow) -> suggested entry at 3.50 levels is believe the stock can form a new all-time high
- Since then, the stock rose 10% to create a new all-time high before retracing to the 3.60 resistance-turned-support (orange line)
- A successful rebound would be around 3.80 levels
- Personally, I feel another test of the short-term average would be better for the health of the trend
- R is less than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a successful rebound before plotting entry
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.