Get started
TipTVFinance

Royal Mail: Bullish invalidation only below 430

TipTVFinance  
LSE:RMG   None
royalmail Stocks Equity trading
6
0
royalmail stocks equity trading
The stock price is still in the hunt for 50-DMA seen today at 456 levels. Bullish invalidation is seen only below 430 levels.
The RSI is still sloping higher and still short of the overbought territory.... thus shows room for a rally.
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.