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Razorsedge1889
Jan 22, 2020 9:29 AM

#RRE breakout of previous range and into new uptrend Long

Description

#RRE broke out of previous range on volume and now seems to have a formed a new uptrend. Long term and short term fibs aligned at 1.272 and 1.618 in the £25.80 area. Current price bouncing exactly off the 0.618 retracement of the recent move. RSI also on the support line and due a bounce. MACD about to touch and hopefully bounce too. Seems a good set up all round.
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