bertolinitrading
Short

Big rectangle Rose Garden or Bear Flag?

NASDAQ:ROSE   ROSEHILL RESOURCES INC
$ROSE is lower after earnings . Looking at the weekly chart it is range bound in this big rectangle . 16$ is support from lows in late January and mid March. 16$ can be a short targets because of it's snap back rallies to the top of the range. The top is only two weekly bars from the January low and it was above 25$

The breakdown below 32$ in November of last year makes it look like a pole on a bear flag . Or a range bound rectangle rose garden. Or bear's big brown foot. Perspective is in the eye of the beholder.
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out