$RYAM $6.00 reclaimed, upside should resume

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Top (daily): RYAM has pulled back into the all important $6.00 level and the upper side of the rising parallel channel, which is now holding as support after twice before acting as resistance

Bottom (weekly): longer term context of $6.00 level, if RYAM can stay above it, the stock could complete the right side of a rounded bottom, as fast as the drop occurred from $15 to $6 back in 2019, the rise can occur just as quickly

Penafian

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