RELI Increasing MFI 390D MA on consolidating priceRelative volume (50D) is also extremely low indicating that selling may be exhausted. Hammer / doji candles formed over last three trading days.
RELI trade ideas
RELI - Great Setup to start EntryReliance Global Group, Inc. engages in the acquisition and management of wholesale and retail insurance agencies in the United States. It provides healthcare and Medicare, personal and commercial, trucking, and employee benefits insurance products. The company was formerly known as Ethos Media Network, Inc. and changed its name to Reliance Global Group, Inc. in October 2018. Reliance Global Group, Inc. was incorporated in 2013 and is headquartered in Lakewood, New Jersey.
Shorting reliably the Reliance Group. RELIGoals 5, 3.6. Invalidation at 13.9 .
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
bearish signs across the whole chart ↘︎reli recently failed to break above trend resistance/making lower highs/rejected off local rsi resistance.
all 3 are pretty bearish signs in my opinion, look for the gap below to get filled before another rally.
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RELIANCE GLOBAL GROUP stock accumulating before mark up RELIANCE GLOBAL GROUP. We engage in the acquisition and management of wholesale and retail insurance agencies in the United States
$RELI – SI 183%Reliance Global Group, Inc. engages in the acquisition and management of wholesale and retail insurance agencies in the United States. It provides healthcare and Medicare, personal and commercial, trucking and transportation, and employee benefits insurance products. The company was formerly known as Ethos Media Network, Inc. and changed its name to Reliance Global Group, Inc. in October 2018. Reliance Global Group, Inc. was incorporated in 2013 and is headquartered in Lakewood, New Jersey.
$RELI SQUEEZE PLAY we about to squeeze for this one, we still holding our ascending line , and currently above it, if we closed above the 9$ that will trigger the squeeze till the 15$, take profit on the way.
$RELI – SI 76%$RELI entry PTs 5.29-6.30 Targets PT 9-10.50 and higher
$RELI – SI 76%
Reliance Global Group, Inc. engages in the acquisition and management of wholesale and retail insurance agencies in the United States. It provides healthcare and Medicare, personal and commercial, trucking and transportation, and employee benefits insurance products. The company was formerly known as Ethos Media Network, Inc. and changed its name to Reliance Global Group, Inc. in October 2018. Reliance Global Group, Inc. was incorporated in 2013 and is headquartered in Lakewood, New Jersey.
RELI⚡️** New Swing Trade**⚡️
Ticker: ** RELI
Entry:** 6.50-6.60
PT 1:** 6.91
PT 2:** 7.07+
SL: ** 6.14
Comments:** I've been playing these ascending triangles recently, RELI looks set to make another bounce. Keeping TP area within support and resistance ranges, however, I may play a breakout
$RELI – SI 46% SYMMETRICAL TRIANGLEReliance Global Group, Inc. engages in the acquisition and management of wholesale and retail insurance agencies in the United States. It provides healthcare and Medicare, personal and commercial, trucking and transportation, and employee benefits insurance products. The company was formerly known as Ethos Media Network, Inc. and changed its name to Reliance Global Group, Inc. in October 2018. Reliance Global Group, Inc. was incorporated in 2013 and is headquartered in Lakewood, New Jersey.
Next Position $3.86 -5.25Next Target is GOing to be 3.86 - 5.25
Reliance Global Group, Inc. (NASDAQ: RELI, RELIW) is combining advanced technologies, with the personalized experience of a traditional insurance agency model. Reliance Global Group’s growth strategy includes both an organic expansion, including 5MinuteInsure.com, as well as acquiring well managed, undervalued and cash flow positive insurance agencies.
short term +1,000%Reliance Global Group, Inc. engages in the acquisition and management of wholesale and retail insurance agencies in the United States.
nice flagtrading this thing for the day. altho it does look exhausted. but potential to breakout of its flag end of day
