Satoshiposer

ASX: RHL Ruralco Holdings

ASX:RHL   None
ASX:RHL I am adopting a wait and see first strategy for this stock. The bear pennant doesn't seem to excite me although

1. price action closed just slightly above the cloud for about 4 weeks already
2. declining volume probably explains why it has been rather flat
3. RSI showing positive signs both daily and weekly

but i will still wait out for confirmation before entry.

A confirmed break above $3.18 is a good sign.
A break below $2.80 spells trouble.

Beware of bull and bear traps.
Disclaimer:
This post and ALL (previous and future) posts are purely for entertainment purposes only. The owner of this post is not a lawyer, accountant, financial advisor, investor or pastor. All the comments here are personal opinions.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out