Good day Team
RGTI is facing a downward trendline and facing resistance from the 50 EMA, price has to break the ascending triangle and the 50 EMA at 7.71 and the volatile news and if it beat those factors it has to face off against the 200 EMA and the downward trendline at around 8.21 to hopefully touch 8.91. If price breaks below the ascending triangle possible 6.50ish price range. Please be careful
RGTI is facing a downward trendline and facing resistance from the 50 EMA, price has to break the ascending triangle and the 50 EMA at 7.71 and the volatile news and if it beat those factors it has to face off against the 200 EMA and the downward trendline at around 8.21 to hopefully touch 8.91. If price breaks below the ascending triangle possible 6.50ish price range. Please be careful
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Disclaimer
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.