$RY with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $RY after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 83.33%. Longby EPSMomentum0
RY - Time to Close Long Positions and Short the Banks?Is the largest bank in Canada, Royal Bank of Canada , able to have another push to the upside considering the looming recession or is it time to eject and reverse to short positions? Fundamental indicators: Revenue and Profits - demonstrated consistent long-term earnings growth over the past 10 years Profit margin - impressive 32% last year P/E - reasonable ratio of 11.5x Liabilities - although debt has increased in the last 5 years it is still reasonable for the bank industry Technically: The sharp fall in March 2020 completed the global correction since the great financial crisis in 2007 Since then the bull run has been clearly formed by an impulse where the last 5th wave is currently developing with Ending Diagonal (Elliott Wave structure) The remaining part is the zig-zag ABC to update the historic high of $119.41 Thereafter, it is possible to observe a lengthy and very deep correction to the level of the previous correction $49 or even deeper Note - in order for this scenario to be viable the price cannot go higher than $122.39. This is because wave 3, following Elliott Wave rules, cannot be the shortest in impulse, hence the constraint on the price level of the fifth wave Looking at both fundamental positive indicators and potential wave structure what do you think about this scenario? Are you planning to trade Royal Bank of Canada ? Please share your thoughts in the comments and like this idea if you would like to see more stocks analysed using Elliott Waves. ThanksShortby vitalalyt223
$RY with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $RY after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 50%.Longby EPSMomentum0
Royal Bank of Canada not so royal anymore. RYImmediate targets 111, 109, and 106. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safeShortby Rykin_CapitalUpdated 332
RBC ($RY) Price Action and T.A. RBC ($RY) Price Action and T.A. to try and see if the value of RBC is currently near its fair value, or if it is over inflated in price and should see a correction soon.by AHoboWithAStick3
RYRoyal bank of canada looks a gonner here Would fit with the general risk off narrative There is some hidden bull div so it might test the trendline a few times I'm short NOT FINANCIAL ADVICEShortby Great_Reset_InvestingUpdated 1
$RY with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $RY after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 62.5%. If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.by EPSMomentum0
Don't miss this opportunity to buy RYIt's a good time to buy , because the candles has a good uptrend and always stay above VWAPby moad00256
Long entry prediction RY 01-11-2021Long entry for RY predicted by our AI algorithm. The time horizon of the prediction is approximately 5 days.Longby StockFink0
ROYAL BANK OF CANADA : CMP 133Stock is just Breakout from 4 hour time correction...stock can create Long position above 130 for target 170 with SL 120....stock Can be outperform whole banking sector in next 6 months Longby PNW_INVESTMENTS223
ROYAL BANK OF CANADA technically based analysis 📌Short intro: Simple ideas - No junk * Full time trader - analyst * High accuracy of ideas * Technically and Fudnamentally side in analysis * Comment if have any questions or like if want to send support * FX - STOCK - CRYPTO * 💡 RY technically based idea, we can see price is on SUPP zone, technically indicators showing we can expect higher bearish continuation, based on technically readings expecting to see higher bearish continuation till target marked on chart. 📌Have on mind, trading involves risk, check idea on your own tactic, if have questions pls comment! Thanks on supporting! All best, good luck!by UnknownUnicorn3983388995
Buy After a correction, the stock is in the process of taking its uptrend. I recommend to buy now. Longby DidierTr0
Buy The trend is bullish on RY, the action is going up. I recommend buying now to take advantage of the trend. by DidierTr0
RY Short William Alligator : the stock is currently in a bullish position because the candlesticks are above the Teeth, Lips and Jaw and the lines are “eating with an open mouth” this indicates that the stock is in a strong uptrend. RSI : the line is above 70, so the stock is overbought. Candlestick patterns : there are three white soldiers which are bullish confirmation. Overall : it can be interesting to take a sell position on this stock because the stock is currently overbought. Entry price is lower than the current price for assurance and stop loss is set at 5%. Shortby lena_vf0
ROYAL BANK OF CANADA daily analysisHi friends The daily chart of this market shows the uptrend in the next few days but we have to wait for the breakout at 89.10 level to wait for the target of 113.31Longby YL_PRO11111
RY a solid Canadian dividend stock to hold long termRY is showing increased volume indicating a typical accumulation and step by step uptrend. The previous ceiling is becoming the support twice, target price at $108 to test for ceiling to support strength to make new highs.Longby Louis_L3
RYHi Everyone, as you can see from the graphic the market was increasing, but now it start to fall, it is recommended to sell RY now.by Younes-Analyst201
Royal Bank of Canada (RY)This stock is a longterm hold (years) always trends up, good dividend stock, it's looking for a higher breakout for all time highs. Also check out XFN for Canadian bank etf. Financials will see higher prices. Longby UnknownUnicorn12070690881