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Apr 22, 2021 2:01 AM

US Stock In Play: $RRD (R. R. Donnelley & Sons Company) Long

Description

RRD is on its own upward trajectory, ignoring the week's correction major indexes via gaining +25.11% over the past 6 session upon the breakout of its Ascending Triangle chart pattern. RRD is currently closed at $5.55, a new 2 years high.

With sessional volume over the past 3 days exceeding its 50D average with no exhaustion in buying pressure, RRD's rally is poised to recapture its major resistance at $6.00 ahead of its 2021Q1 quarterly earnings on 28th April 2021.


RRD, an integrated communications provider, enables organizations to create, manage, deliver, and optimize their multichannel marketing and business communications. Its Business Services segment offers commercial printing products and branded materials,
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