RY pullback to the 50 EMA

Possibly interesting area here.

Monthly charts still showing an intact uptrend.

RY consolidating near the 50 ema on the weekly.

StochasticsRSI showing a bullish divergence.

The ideal scenario to watch for is a further pullback to the 50ema, Heiken Ashi turns from red to green, then a breakthrough of the descending the trend line.
Chart PatternsTrend Analysis

Feragatname