Rolls Royce is facing a long-term resistance line
Updated
Weekly chart, the stock is facing a long-term resistance line (started Jan 2014, dashed grey-colored line); so it needs strong bullish power to beat.
After crossing this resistance, the target will be 615
Technical indicators: MACD is positive, RSI is showing over-bought - which indicates tendency to have some correction.
After crossing this resistance, the target will be 615
Technical indicators: MACD is positive, RSI is showing over-bought - which indicates tendency to have some correction.
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