Long Term Analysis on Rolls Royce Long

ROLLS ROYCE HOLDINGS ORD GBP0.20LSE

Description

⋅ Feb 11, 2021 2:00 PM

LSE:RR.OTC:RYCEY

Looking at RSI trendline, support trendlines, volume, the stock looks like it is preparing to go somewhere.

The last Impulse wave began in October 2020 and ended in December 2020.

I believe we are about to complete the correction we are in since December 2020, and preparing for another move up in the near term.

Comments

cyllan

⋅ Mar 2, 2021 8:24 PM

"the stock looks like it is preparing to go somewhere"
with its brutal debt, and the brutal dilution from their rights issue at 33pence a share .......it is going nowhere

TINZStock

⋅ Feb 26, 2021 8:36 PM

whats the difference in ticker symbols? RYCEY RR

JamesFlem

⋅ Feb 17, 2021 11:06 AM

Im definitely long on RR.