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LeLaf
Nov 2, 2020 9:20 PM
RYAM: Double Top
Short
NYSE:RYAM
1D
Rayonier Advanced Materials Inc.
NYSE
Description
⋅
Nov 2, 2020 9:20 PM
Double Top
Pros:
Descending volume during formation
PPS below 50MA
RS flat
200MA Flat
R/R ratio above 5
250RSI Below 50
Cons:
ATR ascending
PPS still above 200MA
If confirmed:
PT = 1.36$
Technical Indicators
Chart Patterns
Trend Analysis
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