RCMT hit its resistance of $28.82 and has now been downtrending for a couple of months. It's breaking below $17.50 today so, I dont see it gaping up. I'm going to buy a PUT at the price $17.50-17.30(safe target price area)
Note
I do think there will be a bull trap tomorrow since the phoenix indicator is bullish for the next 4 hours. I say try to get in the put around $17.80-18 during the bull trap
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.