Sublime_Trading

Royal Mail Defeated By All-Time High

Long
LSE:RMG   ROYAL MAIL PLC ORD 1P
Review: Price has moved back below the previous all-time high

Conclusion: Since the buyers were not strong enough to hold price above its previous all-time high, we need to stand aside.
Price is back in the large consolidation area so wait for price to break out again before looking for long opportunities.


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