Panjang
RNN TRADE IDEA GK PLAY - PREV RESISTANCE BREAK

RNN TRADE IDEA GK PLAY - PREV RESISTANCE BREAK
RNN has tried many times to break over significant
resistance at the 1.71 line established by previous
candlestick action, but has struggled to do so; however,
with a bullish RSI move over 50 and a bullish albeit small
signal on the Macd, the price action closing at that 1.71
mark could mean a break tomorrow, which might
convince bulls to buy towards the 100 moving average at 1.87.
Look for entry over this break or if price breaks down,
a possible bounce off the 20ma.
RNN has tried many times to break over significant
resistance at the 1.71 line established by previous
candlestick action, but has struggled to do so; however,
with a bullish RSI move over 50 and a bullish albeit small
signal on the Macd, the price action closing at that 1.71
mark could mean a break tomorrow, which might
convince bulls to buy towards the 100 moving average at 1.87.
Look for entry over this break or if price breaks down,
a possible bounce off the 20ma.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.