Rolls Royce is Ready For a Good Gain and Good Profit.
it's so important to buy in 3 Step; and So Important you enter most Volume at 3rd Step
1st Step: Right Price@ 91
2nd Step@: 70
3rd Step@: 50
Stop Loss@ 40
This is my idea about (RYCEY) Rolls-Royce, please comment and tell me what you think. Hey and don't forget to like if you believe RYCEY will move in the direction I think it will. Thanks guys!
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...
This is at strong support both technically and psychologically as it is at £1. I do not expect this to drop anymore from here, if it does then a quick bounce back should be expected as can be seen on the 21st December 2020. I have set TP at the previous high of 146.45 and then another target at 164 if it breaks the previous high.
Hello Traders, Rolls-Royces is a nice Sell because it's hitting a large volume of Sell orders right now. A good candle information at the big order zone will be the trigger for the Sell. I will be posting updates if necessary. Thank you.
since the idea is based on 15mn time frame, this idea is available only for one day.
let's see if the market will give me reason today
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thank you
RYCEY bounced off its support at 10.246 (61.8% Fibonacci retracement, horizontal overlap support) where it could potentially rise to its resistance at 12.249 (50% Fibonacci retracement, horizontal pullback resistance).
Stochastic (89, 5, 3) has bounced off its support at 2.17 where a corresponding rise could occur.
