RFP is forming flag formation with nice positive Moneyflow divergence. Looking very good as long.
You can check detailed analysis on RFP in the trading room/ Executive summary link here-
www.youtube.com/watch?v=T2l8ndG-...
Time Span- 5:20"
Trade Status: Pending
You can check detailed analysis on RFP in the trading room/ Executive summary link here-
www.youtube.com/watch?v=T2l8ndG-...
Time Span- 5:20"
Trade Status: Pending
Comment:
January 30th- It was a strong down day, however it held above stoploss. Wait & see situation.
January 27th- Showing upward momentum, Looking good as long.
January 24th- Survived stoploss by small margin, not looking very good.
January 20th- Sudden sharp decline, but holding to stoploss.
January 19th- Consolidating around entry price, we still like as long.
January 13th- Still holding to EMA lines, and showing strength. Like as long til now.
January 9th- holding its flag well. Added a stop loss criteria at $5.21
January 3rd- Traded upward, hit into opening price & went up further. Looking good as long.
January 27th- Showing upward momentum, Looking good as long.
January 24th- Survived stoploss by small margin, not looking very good.
January 20th- Sudden sharp decline, but holding to stoploss.
January 19th- Consolidating around entry price, we still like as long.
January 13th- Still holding to EMA lines, and showing strength. Like as long til now.
January 9th- holding its flag well. Added a stop loss criteria at $5.21
January 3rd- Traded upward, hit into opening price & went up further. Looking good as long.
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Entry - $5.65
Target - $6.87