Powerfulgains

RCG | BUY OPTIN - INSANE POTENTIAL

Long
AMEX:RCG   RENN Fund, Inc
&& NFA - Not financial Advice &&


Following the chart we can see on the Chart :

$$Bullish -
--Trend being super positive , parabolic and with slightly Corrections. [Last Wave has got correction that touched Fibonacci 382 level and got huge run making 60% out from Fibonacci level .
--lots of shares being Acquired lately means the trend is want to keep on his side.
--Breakout out of 2.05-2.80 Ranged that price has been 230Days~ having trouble every time touch the high range of this level or close to it.
--1D chart perform perform Double bottom pattern over the 2.05-2.80 Range means that the graph make sure that he stay above the range and make sure its flipped the resistance and make it as support.


##Bearish -
--625Days trend line that need to be checked as he not being checked for long time . that trend line can cause drops on stock price before keeping the trend up .
--Monthly RSI bearish Divergence that can be already gone but still at a risk .


!!3 Trades That can be an option as the entry prices are not the same -
--(can use a DCA Strategy in order to use all the trading setups and make it even more secure, in case of using DCA take the far stop loss)



****HIGH Risk Trade - *****
Entry - 2.83
Stoploss - 2.31
TP1 - 4.37
TP2 - 4.65
TP3 - 4.94


****Medium Risk Trade - *****
Entry - 2.67
Stoploss - 2.31
TP1 - 4.37
TP2 - 4.65
TP3 - 4.94


****Low Risk Trade - *****
Entry - 2.31
Stoploss - 2.06
TP1 - 4.37
TP2 - 4.65
TP3 - 4.94


=== I am making DCA Strat For myself ===
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