REYNOLDS Stock Chart Fibonacci Analysis 052023Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 28.4/61.80% by fibonacci61800
$REYN 5 Month #Rectangle #ChartPatternNASDAQ:REYN is setting up an interesting long setup inside of its 5 month rectangle trading range. A potential close above $32 will: 1) break a 2 month down-sloping trend line (dotted red line on the chart) 2) break 1 month rectangle upper boundary resistance (red line on the chart) 3) trigger a high probability long swing trade with a target back to the 5 month rectangle upper boundary Considering the bullish nature of this market, I am more interested to playing this on the long side vs the short scenario. Longby TaPlot0
It doesn't matter how well defined a #ChartPattern is..It could still fail to materialize. Everything is possible when trading, including patterns than never confirm (breakout or breakdown) and patterns that fail before they are completed. NASDAQ:REYN is a good example. This was one of my top watch list stock. i posted about the double pattern developing inside of each other few days back(chart below). Earnings came out today and had something else in mind. The stock could still drop into a trading range transforming current chart pattern into a rectangle chart pattern. But for now, current inverse head and shoulder and ascending triangle patterns are both broken. by TaPlot0
$REYN forming 3 month inverse #HeadandShoulder #ChartPatternNASDAQ:REYN is forming a 3 months continuation inverse head and shoulder chart pattern inside of an ascending triangle chart pattern with $36 acting as a strong resistance level. The price will be breaking into ATHs upon chart pattern completion. #KeepItSimpleLongby TaPlot2
Reynolds Consumer Products $REYN$REYN just got above 50SMA with above average volume. Earning result is ahead. I would expect to reach target price 2 if the EPS beats the expectations Longby TheBullseye7
Short for REYN - Bollinger AnalysisStrong bearish candle Upper band penetration Broken support level Shortby blondpharaohUpdated 2
$REYN Reynolds Consumer Products on verge of Breakout Potential breakout with $34.50 & $36.00 as upside targets Reynolds Consumer Products, Inc. manufactures and sells household products. It operates through the following segments: Presto Products, Reynolds Cooking & Baking, Hefty Waste & Storage and Hefty Tableware. The Reynolds Cooking & Baking segment produces branded and store brand foil, disposable aluminum pans, parchment paper, freezer paper, wax paper, plastic wrap, baking cups, oven bags and slow cooker liners. The Hefty Waste & Storage segment produces both branded and store brand trash and food storage bags. Its products are sold under the Hefty Ultra Strong, Hefty Strong Trash Bags, Hefty Renew and Hefty Slider Bags brands. The Hefty Tableware segment sells both branded and store brand disposable and compostable plates, bowls, platters, cups and cutlery. The Presto Products segment sells store brand products in four main categories including food storage bags, trash bags, reusable storage containers and plastic wrap. The company was founded in 2010 and is headquartered in Lake Forest, IL.by Bullishcharts3340
REYN IPO Day Open Close ExtensionsIf you dont know you wont know extension out from the IPO Open & Close for 20 minute chart in both directions 10x projections both ways for long term utility hefty bag / reynolds wrap ipo get a bag wrap it up gl hf xoxo snoopby 420snoopUpdated 114