RMO - Mid Long Term Investment Idea Long

Description

⋅ Apr 8, 2021 10:45 PM

RMO shows buying signal from both TA and FA analysis. Buy a small position at $10.2, risk 10.2-7.5=$2.7; potential return 18-38; multiple reward to risk ratios.

Trend Analysis Chart Patterns

Comments

stonkasaurusrex

⋅ Apr 19, 2021 7:47 PM

Any update on this?

Daniel_APM

⋅ Apr 19, 2021 7:50 PM

@stonkasaurusrex, No change, as long as price holds ~$7.5. This market is going extreme before making a turn!

MaxG2

⋅ Apr 16, 2021 7:37 PM

Thank you, for the info

Daniel_APM

⋅ Apr 9, 2021 2:17 PM

I also sold Puts, strike price $10, premium $2.05. In this trade, I will not lose money unless price drop below $8.