joseph_tan

Buy RH

Long
RH (NYSE:RH)  
joseph_tan Updated   
NYSE:RH   RH
Buying the short term bullish of RH
1. As SP500 rising in short term, we take with bullish force to attempt this trade
2. Buying at demand zone, with SL righ below previous swing low
3. It is confluence with trend line at the same time
4. TP at resistance line at swing high

Happy trading!
Comment:
there was no bullish candle that appear as entry signal.
And also the price is probably in range moves for past 2 weeks.
So it is no a bullish trade to go anymore.
if price action went below demand zone 234.28, it will enter into short term bearish.
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