I believe that now would be a good time to buy into RZI because it is reaching a critical support level. Raiz is a great company with a growing customer base and is on track to having $1 Billion FUM by the end of 2021.
Raiz has bounced back to support at around $1.42 and may bounce back up to around $1.75 for a 20% upside. Personally, my SL will be at $1.27 which would net a 12% loss. Furthermore, the RSI suggests that RZI is extremely underbought which may make it a great time to buy-in.
However, this is not financial advice do your own research :)
Raiz has bounced back to support at around $1.42 and may bounce back up to around $1.75 for a 20% upside. Personally, my SL will be at $1.27 which would net a 12% loss. Furthermore, the RSI suggests that RZI is extremely underbought which may make it a great time to buy-in.
However, this is not financial advice do your own research :)
Penafian
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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.