Bullish potential detected for RHC

Entry conditions:
(i) higher share price for along with swing up of indicators such as DMI/RSI, and
(ii) observation of market reaction around the potential support/resistance line of $44.52 from the close of 6th March.

Depending on risk tolerance, the stop loss for the trade would be:
(i) below the potential support level of $42.14 from the open of 17th April, or
(ii) below the rising 15 day EMA (currently $41.84).

Заявка отменена

UPDATE (week ending 10-Jul): Trade abandoned prior to entry since entry conditions for trade were not met and indicators turned negative. Let's look for another trade instead.

Ivory_Wolf

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