Let’s talk about how amazing RLC looks here on the daily.
💥 Hidden bullish divergence on the MACD
💥 Hidden bullish divergence appeared at a consolidation zone looking left acting as a support
💥 Potential double bottom
💥 78.6% Retrace from High to Low if you fib from the November 5th, 2020 low to the May 10th, 2021 high.
💥 I'm still learning harmonics (XABCD) so I'm not sure if there is any bullish harmonic pattern on the chart yet but you can see that I plotted an XABCD. Even though it's probably nothing in terms of a specific bullish harmonic like a gartley, butterfly, shark, cypher etc. it still is an XABCD with a 83.6% retrace. Yes, thats right. There is a 83.6% SALE on RLC.