HoustonxMTL

RY pullback to the 50 EMA

Long
TSX:RY   ROYAL BANK OF CANADA
Possibly interesting area here.

Monthly charts still showing an intact uptrend.

RY consolidating near the 50 ema on the weekly.

StochasticsRSI showing a bullish divergence.

The ideal scenario to watch for is a further pullback to the 50ema, Heiken Ashi turns from red to green, then a breakthrough of the descending the trend line.

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