RBZ...I answer publicly here, to some of my followers that after the explosion in my first public analysis, in which I expected RS with a long explosion as it happened .... they ask me how I see today the new conformation of the typical return of these stocks , who live off seasonality and swing typical of weekly long explosion ...
I thought that the $ 5 area could be a good point of accumulation ... in reality it is a market and a typical period of "SELL IN MAY and GO AWAY" has further sent into hyper - oversold our action.
Area 4.20 $ - 4 $ would reuse as indicated by my double-bottom arrows a good level to really see when the real and true in support of the title is in the Chinese company.
Do not forget that the Chinese market, today together with the Italian one, is the most undervalued in the last 5 years. So in my opinion the configurations on RBZ will be on the level of 4 $ and will have a projection of 3 - 6 - 9 months for a return to figure type A or type B for the homensiles in progress.
Having said this, always remember that as long as we do not have a clear green candle in our support, they are only assumptions that have a logic of my own, linked to over twenty years of experience and to a graphic conformation that foresees large explosive movements during the periods of oversold this.
Good trading at all.
I thought that the $ 5 area could be a good point of accumulation ... in reality it is a market and a typical period of "SELL IN MAY and GO AWAY" has further sent into hyper - oversold our action.
Area 4.20 $ - 4 $ would reuse as indicated by my double-bottom arrows a good level to really see when the real and true in support of the title is in the Chinese company.
Do not forget that the Chinese market, today together with the Italian one, is the most undervalued in the last 5 years. So in my opinion the configurations on RBZ will be on the level of 4 $ and will have a projection of 3 - 6 - 9 months for a return to figure type A or type B for the homensiles in progress.
Having said this, always remember that as long as we do not have a clear green candle in our support, they are only assumptions that have a logic of my own, linked to over twenty years of experience and to a graphic conformation that foresees large explosive movements during the periods of oversold this.
Good trading at all.
Comment:
PAY ATTENTION PLS ...sistem allert of my prevision on accumulation ...