11th gainer in November is RCM . Holding period is 5 days (11/18/22-11/23/22). Account up 0.5%.
This month till today, my account is up 9.5%, average holding period is 20 days.
My trading method is mostly short term and is independent of market swings.
Will keep updating on my trades.
The 10 ema is preparing to cross the 20ema and yesterday's candle closed above the .5 fib level. The RSI is low and the MACD crossed a few days ago.
I think this is setting up for a reversal. A high low could confirm this. Looking for it to close above 21.30 for confirmation.
First target 22.88, 24.80, 27.89
RCM in Uptrend: 50-day Moving Average broke above 200-day Moving Average on July 21, 2020
A buy signal is indicated by this change in price, due to the trend repositioning higher.Tickeron AI shows that in 2 of 2 cases where RCM's 50-day Moving Average crossed above its 200-day Moving Average, its price rose further within the subsequent month. The odds of a...
An Intraday setup to go long
RCM has been in an upward rising channel and price has tried to break down the lower boundary. However, the last session showed there are still buyers at this level and the session ended with a bullish engulfing pattern.
I am expecting some bullishness in the short term in the new session. This bullishness could be for short term or...
After breaking to higher ground last month, shares of R1 RCM INC - NASDAQ:RCM have been digesting/consolidating the move in orderly fashion and now finds itself pressing the upper level and nearing a potential break for all-time highs as well as Blue Sky's as evidenced in the Daily chart above.
In addition, RCM presently trades above all of its important...
After consolidating for a while now and having tested its support at 7.5 it looks like RCM is ready to take off. Zooming out a bit on the daily and on the weekly you can see a cup and handle formation. Price target 11.15 in the next couple months.
