meszaros

RHE 109% rise ahead.

Panjang
AMEX:RHE   Regional Health Properties, Inc.
RHE 109% rise ahead. The analysis shows that the RHE is strengthening with impulse momentum. Based on my previous analysis, I continue to expect this form of movement. The red coloured rectangle shows that the correction and also the accumulation phase has taken place. Therefore, I expect another upward impulse wave to form in the coming weeks. If we look at the expected move using fractal analysis, we can see that a double(2x) fractal is forming. In the first couple of days of the next week, I expect a sideways move, followed by a renewed impulse strengthening. The "amplitude" of this could be twice the size of the original fractal seen in the analysis. Next target price : 15.23 usd


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