LSE:REL   RELX PLC ORD GBP0.1444
RELL offering a good buy opportunity with very little room for downward movement (based on previous price action). While the Trendline break on 11th October indicates a sell, It was caused by the downturn in most public stocks during the Month of October, and is being viewed as a buying opportunity. It remains below most moving averages (50, 100) meaning there is a lot of room for bullish price action, and previous highs support this. Oscillators support a bullish trend, however they also indicate a short term move to the downside (an estimate of 3%).
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.