Rolls-Royce Holdings plc operates as an industrial technology company in the United Kingdom and internationally. The company operates in four segments: Civil Aerospace, Power Systems, Defence, and ITP Aero. The Civil Aerospace segment develops, manufactures, and sells aero engines for large commercial aircraft, regional jet, and business aviation markets, as well...
Rolls royce has been a long for a long time. anything under £1 for rolls is a winner simple had a whole 18 months to buy it at this price. is now broken out of the resistance at 135 range with ease. i suspect at this 145 levels as its overbought itll pull back and set new resistance as new support filling the gap so good oppotunity to buy around 135. id then be...
Just breaking this down this market it at a rare low and the motto is to buy low and sell high. we are looking at some nice price action on the daily timeframe and leading with the inverse h&s pattern and seeing nice impulse move off the support area. I would love to see this market push to $13.00.
let me know what you think in the comments below.
RYCEY is bouncing off of S2 support on the pivots with a gap up yesterday. With the UK reopening underway RYCEY could net an easy 10% where the central pivot point is (yellow line). MACD curling up and RSI bouncing from oversold levels, which it hasn't seen since Jan 2021.
This is Part 2 of a 2 Part Post. This post will show the move in the past that I found. Jan 20 2009 on a weekly chart. If you follow me you know I make a living off finding correlations just like this. I charted this by request and I was amazed at the price but also of what I saw. The chart has annotations on it. So you can read it there.
That said I was...
This is Part 1 of a 2 Part Post. This post will show the move in the past that I found. Jan 20 2009 on a weekly chart. If you follow me you know I make a living off finding correlations just like this. I charted this by request and I was amazed at the price but also of what I saw. The chart has annotations on it. So you can read it there.
That said I was...
This post is to demonstrate a variety of trading techniques and relationships amongst similar patterns. Although this is focused on RYCEY, I provide reference to RTX as a representation of airline engine manufacturing and reference the 2018 BTC consolidation.
Lately I've been studying the Wyckoff Distribution and found eerie similarities that are worth sharing.
RYCEY Rolls-Royce Holdings is defending well the last support area which looks more like an accumulation right now.
Management predicts the company will be cash flow positive next year, after cutting the dividend because of the pandemic struggle in the aviation sector.
I see a 3.2usd price target for RYCEY Rolls-Royce Holdings once aviation market opens up...
I started to invest in Rolls Royce starting Jan 2021. My gut feeling tells me i need to stay in and the consolidation is gonna make me a happy person. Be early and enjoy the ride. This is gonna be a LONG ride.
I started to invest in Rolls Royce starting Jan 2021.
My gut feeling tells me i need to stay in and the consolidation is gonna make me a happy person.
Be early and enjoy the ride.
This is gonna be a LONG ride.
ENTRY: 106.50 GBX*
TARGET: 150 GBX
STOP: 80.30 GBX
*GBX = Pence Sterling
Rolls-Royce specializes in the development, manufacture and marketing of engines for the aviation, marine and energy sectors.
1.) I see a strong support at 90.00 GBX which will resist against further corrections. Probability to go up is higher than to drop below the 90.00 GBX...
Hello everyone, if you like the idea, do not forget to support with a like and follow.
RRU formed an inverse head and shoulders pattern , but it is not ready to go yet.
Before we buy, we want the buyers to prove that they are taking over again. You don't want to buy a bearish market right?
Trigger => Waiting for a momentum candle close above the neckline...
Today I want to share my thoughts on Rolls-Royce.
- I'm not really a fan of a shoulder-head-shoulder formation, but this time the targets just fit too perfectly in a fundamentally friendly market environment
- The price is about to break out of the bottom formation
- I expect a dynamic breakout
- Enter on a weekly close above the upper...