RCII: Despite an ER that beats top and bottom line, RCII sold Long

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⋅ Nov 12, 2021 8:37 PM

off in its worst day in a long while. I was willing to catch the falling knife because it bounced right off the long term trend support. It also completed the wave iv expanding triangle. Wave 3 targets $106 (ext 1.618) or $119 (5=1).

Wave Analysis