marketfellow

2021 Actual Trade: RNG +25% Profits

NYSE:RNG   RINGCENTRAL INC
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When a stock performed so well that became extended for a proper entry point, RNG provided another opportunity as an alternative choice for almost the same business.
Last November we noticed ZM began to slow down but RNG picked up its upside momentum. This situation continued from November to December 2020. Thus, we decided to get in RNG on 12/02/2020.
Its four months base offered a strong foundation for its upcoming rally. Thus, the entry point is the same as the breakout point, an ideal timing.
Then, it is an easy ride of a straight-up run for +25% profits

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