REGI has been on a sharp decline, and now there is no resistance on the weekly chart until the gap in its chart that starts at 14.9 and closes at 13.85, which also happens to be 200sma support at 13.85 on the weekly chart and 50 sma support at the same level on the monthly chart. I looking for this to fall further and close the gap into the moving average support. This has potential for 9-11% gain in a short.
Trade closed: target reached:
Target reached @ $14