RSG broke out of an upward wedge formation back in 2014. Fibonacci advancements have proven correct so far. RSG recently reported solid earning while also increasing the dividend by 8%. RSG is also focusing on converting customers over to a 3% or better price adjustment contracts. The Trend Is your Friend! Focusing on the technical as well as positive...
Recap of how the RSG performed with the POP alert.
Values higher than 62 would be a point to hunt for position, Or do not do "traditional" iron condor.
Value below 38 shows the move is over, need to consolidate.
Value below 25 would be, time to consider reversal plays for a short term.