chartsmaster
Singkat

An Interesting Conundrum

RH (NYSE:RH)  
NYSE:RH   RH
7 0 4
I was totally unaware of the ongoing battle between the bulls and shortsellers in RH             until I read this week's Barrons. After checking out the chart and looking at valuation there is no overwhelming case to say the stock is either extremely over or undervalued. However, the chart seems to be saying that the short squeeze that took place over the last few months, is over. Given the sharp run -up and gaps below, I side currently with the shorts at least for a trade down to 40 and eventually possibly lower. Go short here.
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