The asset has gained significant trading volume and has the potential for a substantial breakout from the load zone. Furthermore, it has successfully breached the major resistance labeled as R1. Historically, Rite has consistently made sharp price spikes from this support zone.
1. its been consolidating above the 200sma after its already ripped
2. it has made resistance now support as long as it doesnt lose 0.036244
3. the rsi on the daily timeframe has reset and ready for more
my stop lose is 0.036244
my target is at 0.120985