One of the hardest things for traders, or anyone for that matter, is to adapt to change. Mostly we get stuck when things change, which makes trading difficult since the very nature of markets is change. This is where the cliché 'going with the flow' originates, but simply understanding the cliché isn't enough; we must internalize and practice it and get it in our...
Ring has formed a falling wedge(FW) pattern as price trends above the 200ma for the first time since early 2021. Falling wedges tend to be bullish patterns as price tends to break up and out of them which price is attempting to do on this move up this morning. Having 200ma support for the first time in over two years is helping the bull case for a break up and...
As shown in previous update, correction continues and expect lower prices as shown. Possible opportunity soon but not yet. Will be interesting soon and will continue to track closely.
RingCentral, Inc. provides software-as-a-service solutions that enable businesses to communicate, collaborate, and connect in North America. The company offers business cloud communications and contact center solutions based on its Message Video Phone? platform. Its products include RingCentral Office that provides communication and collaboration across various...
RNG on weekly
Sell at the current price with a classic target of 17.00, with a drop of 93.00%.
Possible reversal area for prices from 88.35 to 77.65, with a decrease of 64.45%
stop loss by weekly closing above 310.07
Hello there,
Hello there,
Sorry for the long disappear, I'm back and I'll update all our trades as soon as possible.
This is an Opportunity for RNG with targets and SL in the chart.
Enjoy.
Hello there,
ENG on a very strong daily support, if RNG can hold the RED line, we may see +20% in the upcoming days.
*** This is not a financial advice, I'm still a beginner trying to share my Road here.
Than you.
When a stock performed so well that became extended for a proper entry point, RNG provided another opportunity as an alternative choice for almost the same business.
Last November we noticed ZM began to slow down but RNG picked up its upside momentum. This situation continued from November to December 2020. Thus, we decided to get in RNG on 12/02/2020.
Its four...
The PEAD projected a bullish outlook for $RNG after a positive over reaction following its earnings release placing the stock in Drift B
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.
RingCentral (RNG) is doing incredibly against expectation over the past year and, in response, has been overbought by the market. They're outperforming competition by a wide margin, so I'm anticipating steady, longterm growth, though the immediate pull-back following this afternoon's earnings announcement could continue for a day or two, with former executives...
