Trade the pullback of this downtrend

RDC is in a huge, or better huuuuhuuuuggeeee, downtrend. a couple weeks back, I already had an good idea with it and even got a good amount of profits out of this one. I thought we were at the bottom at this time, but now I see, we are only continuing the downtrend.

On the daily chart there is a small green candle already, if I can see one on the 4H chart later, I will go long and take a swing in this retracement.

SL: around 8.75
Target: the red resistance, or in numbers, for me: 10.50

I am waiting for this stock to get its trend reversal in order to make me rich, and until it comes, I will keep swinging this one.

Good trades and good luck!

(I gave you my last trade on this chart, as it was a very successful swing)

Comment:

Well, looks like the trendreversal wanst there...

Comment:

SL wa not hit, and we are in profits right now.

SL is moved to break even.