On a large time frame. Roche is on a steady uptrend. Currently it is at the support which brings in very good opportunity for a buy in for Long term holdings (20years)
Hello Everyone,
I would like to share with you my idea regarding Roche. This is not a trade advice.
There are signs that stock price may increase for Roche SIX:ROG
RSI (14)
There is a strong primary trendline A-B on RSI, support trendline
- Point A (25/Oct/2017) was the lowest RSI (14) low since 10/Aug/2011 making it very significant RSI low (6+ years)
-...
Hello Everyone,
I would like to share with you my idea regarding Roche (SIX:ROG). This is not a trade advice.
There is a chance that Roche stock will continue to rise for some time and if following conditions are met, it can event break out and increase significantly. However, keep in mind that these primary trendlines are NOW resistance levels and only if...
![ROG: Roche primary trenline analysis (RSI, MACD, price) [Daily]](https://s3.tradingview.com/m/mGUkDG7z_mid.png "Roche primary trenline analysis (RSI, MACD, price) [Daily]")
![ROG: Roche primary trendline analysis [Monthly]](https://s3.tradingview.com/8/84pilKpz_mid.png "Roche primary trendline analysis [Monthly]")
