RENN fund lacking. RENNAnother short in the finance sector.
Goals 2.08, 1.75.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
RCG trade ideas
RCG | BUY OPTIN - INSANE POTENTIAL&& NFA - Not financial Advice &&
Following the chart we can see on the Chart :
$$Bullish -
--Trend being super positive , parabolic and with slightly Corrections. [Last Wave has got correction that touched Fibonacci 382 level and got huge run making 60% out from Fibonacci level .
--lots of shares being Acquired lately means the trend is want to keep on his side.
--Breakout out of 2.05-2.80 Ranged that price has been 230Days~ having trouble every time touch the high range of this level or close to it.
--1D chart perform perform Double bottom pattern over the 2.05-2.80 Range means that the graph make sure that he stay above the range and make sure its flipped the resistance and make it as support.
##Bearish -
--625Days trend line that need to be checked as he not being checked for long time . that trend line can cause drops on stock price before keeping the trend up .
--Monthly RSI bearish Divergence that can be already gone but still at a risk .
!!3 Trades That can be an option as the entry prices are not the same -
--(can use a DCA Strategy in order to use all the trading setups and make it even more secure, in case of using DCA take the far stop loss)
****HIGH Risk Trade - *****
Entry - 2.83
Stoploss - 2.31
TP1 - 4.37
TP2 - 4.65
TP3 - 4.94
****Medium Risk Trade - *****
Entry - 2.67
Stoploss - 2.31
TP1 - 4.37
TP2 - 4.65
TP3 - 4.94
****Low Risk Trade - *****
Entry - 2.31
Stoploss - 2.06
TP1 - 4.37
TP2 - 4.65
TP3 - 4.94
=== I am making DCA Strat For myself ===