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HazeCraze
Jun 20, 2021 2:55 AM

Rolls Royce ´´Bullish Forecast`` Long

ROLLS ROYCE HOLDINGS ORD GBP0.20LSE

Description

Nice channel to follow and track towards the breakout zone near resistance, ´´if it makes it`` . Keep on your radar for autumn/winter.
Happy Trading.
Comments
doctorfibonnaci
i am long because i believe in the future of nuclear energy as the only real way to replace oil, per the green new deal mandate. rr makes small modular reactors and is lined up to build them for the uk.. i believe there is therefore limited downside risk for bankruptcy as its too big too important to fail. that being said, if the broad market goes really sour, the trendline of rr might break lower too. check out URA, the uranium etf.. trading at the bottom of channel. thanks for posting the chart!
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