Nice Risk/Reward ratio for RCOM

44 1
1. Double bottom test
2. In accumulation zone.
3. RSI divergence
4. Great Risk/Reward

Be careful and follow the plan as two things can happen.
1. The trendline is down and if the price breaches the support, the stock can go down huge.

2. If the trendline breaks up, it can be a great Risk/Reward ratio.

So plan the trade as mentioned and keep strict stop loss.

Looks like a very favorable trade since upside potential is huge
and the stop loss is relatively very small.
A great risk/Reward ratio.

Stop @ 45.50 (Closing basis)
Target 1 - 51
Target 2 - 54
Wow! What a timing.
I hope many of you made nice profits on this idea posted just a day ago.
Happy Trading! :)
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out