RY pullback to the 50 EMA
Possibly interesting area here.
Monthly charts still showing an intact uptrend.
RY consolidating near the 50 ema on the weekly.
StochasticsRSI showing a bullish divergence.
The ideal scenario to watch for is a further pullback to the 50ema, Heiken Ashi turns from red to green, then a breakthrough of the descending the trend line.
Monthly charts still showing an intact uptrend.
RY consolidating near the 50 ema on the weekly.
StochasticsRSI showing a bullish divergence.
The ideal scenario to watch for is a further pullback to the 50ema, Heiken Ashi turns from red to green, then a breakthrough of the descending the trend line.
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.