W BOTTOM AND FIB RETRACEMENT FOR ROX
THE CHARTS CLEARLY SHOW A W BOTTOM FORMED. SINCE THE PRICE ACTION JUST CROSSED ABOVE THE MIDDLE SMA OF THE BOLLINGER BAND I WOULD SAY IT IS A CLEAR BUY. THIS IS FURTHER REINFORCED BY THE RETRACEMENT OF THE 61.8% FIBB SUPPORT LEVEL.
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.