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RME.TO Forming Rounded Bottom For Upside Move

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Long-term uptrend.
Price forming a rounded bottom.
The price has tried to move lower several times already and couldn't, so the move up today looked like a decent trigger to get in. Also, prior rounded bottoms in this stock have only given one opportunity to get in.
3:1 reward to risk. Keeping target near prior high, which is quite conservative. If moving well, may extend that out a bit.

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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.