I've had some personal drama going on lately and just haven't been motivated to journal, but this name has history with me as it's the first ticker that ever came into my head once I tried to actually acquire information from "beyond". That was in 2018 when this was only $92!
I was kind of excited when it came into mind on Nov. 12th with the number of $79.
It...
What is not to like about this chart. 30.08 ROE, low debt ratios, good margins and cash flow. Solid trend on weekly, looking for starter entry around the dashed red line or the top of the cloud (198.69).
The PEAD projected a Bullish outlook for $RS after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 100%.
Broke up into ATH (All-time-high) on 28 Feb on strong volume. Have been forming a bull flag since. Buy the next break up of this bull flag as the momentum remains strong.
p/s I may also attempt to buy if it retest the resistence turned support level around 179-179 with a tight stop loss slightly below the support.
Theoretical "cup" target is around $221. Let's...
$RS in the steel space setting a big 8 months base and now tightening up on the right side.
Once that I am watching closely.
Solid Earnings and Sales numbers.
Hey guys, RELIANCE STELL & ALUMINIUM is in a very important moment in its history we can witness a new historical high. It is in a bearish dynamic fake with a water-carrying candle shape followed by a bearish trace and a fake return of traded sell volume. The TIMEFRAME M1 shows a marubozu with an explosion in the purchase volume made it leaves on the base of the...
I have a special place in my heart for this stock as it's the first that came to me when I finally got quiet and asked the Universe/God/Source for ideas. I never heard of RS, and I'll save the details, but I literally received the number 95, and that week it rallied from 91 and hit 94.97 and reversed. I was astounded.
So this Sunday I got RS and 97. I wrote it...
