mohamed.tharwat.elsherief

RHI breaks out Ascending Triangle - Wait for Bullish Candles(s)

NYSE:RHI   Robert Half International Inc
RHI found support in the weekly chart and is coming with bullish momentum.

In the daily chart , we have a breakout of an ascending triangle . The stock opened with a gap above the breakout with a strong volume before pulling back and closing above the current S/R.

The ideal way to go long is by waiting one or two bullish candles on the Daily time frame to confirm the pullback is over. The target could be the previous weekly/Daily S/R.
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.