RATEGAIN is shaping up so nicely.
The stock built a base around 430–445 and has now moved back above the 568–570 zone, which turns into support if daily closes keep holding.
As long as price stays above 570, the next areas to watch are 645–660 and then 700-720, with a bigger hurdle near 800–810 from the old down‑trend line.
A healthy setup would be a dip toward 572–585 that shows buying strength; that gives a cleaner entry. Manage risk below 548 for a tight stop, or below 530 for a wider swing stop.
If the stock closes back under 570 and doesn’t quickly recover, treat it as a failed reclaim and wait. On the business side, the company has been posting double‑digit growth with improving margins from its AI‑driven travel‑tech products—so buying dips while 570 holds and higher lows keep forming makes sense.
The stock built a base around 430–445 and has now moved back above the 568–570 zone, which turns into support if daily closes keep holding.
As long as price stays above 570, the next areas to watch are 645–660 and then 700-720, with a bigger hurdle near 800–810 from the old down‑trend line.
A healthy setup would be a dip toward 572–585 that shows buying strength; that gives a cleaner entry. Manage risk below 548 for a tight stop, or below 530 for a wider swing stop.
If the stock closes back under 570 and doesn’t quickly recover, treat it as a failed reclaim and wait. On the business side, the company has been posting double‑digit growth with improving margins from its AI‑driven travel‑tech products—so buying dips while 570 holds and higher lows keep forming makes sense.
Certified RA- Research Analyst
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Certified RA- Research Analyst
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.