RLDoji appeared when forming pennant.
Monitor to see whether it can break out on 18 March.
R1: 0.725
R2: 0.79 (all time high)
Target: 0.84 based on “if” flag-pennant formation broke out
S1: Lower pennant line
S2: 0.66
RL trade ideas
RL - Continue to monitor for forming higher high and higher lowMonitor for the stock to have uptrend catalsyt.
Trading Idea RL (13/01/2020)Trading Idea RL (13/01/2020)
Entry: 0.42/0.43
Target: 0.455/0.49/0.525
Stop Loss: < 0.385 (based on closing)
Investment Period < 1 month
Disclaimer: The above trading idea is intended for informational purposes only so please do your own analysis before making any investment decision.
