RLT @ 19 Oct 2021
Text me if you have any questions/comments for me.
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RLT
- First time doing a written analysis on RLT
- Stock has a history of sharp and sudden price movements that are usually reserved for penny stocks
- It’s super volatile and may not be a right fit for some investors’/traders’ risk appetite
- Uptrends are not well-established with only 1-2 waves of HHs and HLs before a strong retracement takes place -> Trend will be difficult to trade as a Trend Follower
- R is more than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a series of HHs and HLs to properly establish itself
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RLT
- First time doing a written analysis on RLT
- Stock has a history of sharp and sudden price movements that are usually reserved for penny stocks
- It’s super volatile and may not be a right fit for some investors’/traders’ risk appetite
- Uptrends are not well-established with only 1-2 waves of HHs and HLs before a strong retracement takes place -> Trend will be difficult to trade as a Trend Follower
- R is more than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a series of HHs and HLs to properly establish itself
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.