Fundamentals: RYAN (Ryan Specialty Holdings) is a super stock in my book. The balance sheet is booming off the charts with accelerating earnings and sales. It is in a healthy industry and has great cashflow. Some off-loading of funds for a quarter, but that is probably temporary. 73% return on equity. Technicals: Daily: Technically, on the daily chart,...
$RYAN 6mth old insurance name IPO. based off (-12%) the January market weakness and looking to reclaim its ATH close of $40.36. RS is at ATH. trading above all critical VWAPs, MAs. a trading idea to take on BO for further trending action.
Strong Monthly demand imbalance created around 86 price area on Ryanair Holdings. Long term bias at monthly and weekly demand levels in a clear uptrend, buy at monthly and weekly demand zones