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rutt
Aug 22, 2020 7:24 AM

High probability - Bullishness to continue - Ascending triangle 

Description

From a technical point of view the RBL chart has a bullish ascending triangle breakout. From the Fundamental side the CV19 tailwinds are extreme for RBL with the online retail. Additionally, the most recent report highlight being sales of 26 million in masks, you would think that trend continues to grow for the forseeable.

Trade closed: target reached

Chart is still extremely bullish.
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