RMO to break downards trend Long

Description

⋅ Jan 24, 2021 8:38 PM

Likely to dip to the 18's before breaking the downward trend (green line).

Two levels of horizontal resistance (yellow lines) and two points of trendline resistance (red lines).

Weekly PT:
Max= $28
Realistic PT = $25

Risk: low 18's

Trend Analysis