RKT on LSE - Long
Momentum trade
Price has broken out of trend line and reclaimed significant support level.
Price sitting on weekly 200ma.
Enter as close to entry price or support level.
TP1 - exit 35% position - Top of range & .618 Fib
TP2 - exit 35% position - .786 Fib
TP1 - exit 30% position - .886 Fib
Momentum trade
Price has broken out of trend line and reclaimed significant support level.
Price sitting on weekly 200ma.
Enter as close to entry price or support level.
TP1 - exit 35% position - Top of range & .618 Fib
TP2 - exit 35% position - .786 Fib
TP1 - exit 30% position - .886 Fib
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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.
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.