RECAF: Simple TA
Bullish Flag pattern playing out. Higher lows, consistent tests of highs along confluence zones. I'm buying under 3.40 anticipating retest of all time highs. If the volume continues to show up it could squeeze the shorts as well.
With energy (including oil and gas) looking bullish in the market, I would imagine continual buying into RECAF as investors look to speculate and get more leverage out of their trades....Not to mention they could still hit oil.
With energy (including oil and gas) looking bullish in the market, I would imagine continual buying into RECAF as investors look to speculate and get more leverage out of their trades....Not to mention they could still hit oil.
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