ReTo Eco Solutions A double bottom has formed on ReTo. Our preferred method is to trade the asset back to the neckline and not to the target. Remember all Double tops and Bottoms are nothing but price retuning to supply and demand zones.
RETO trade ideas
$RETO PT 3.50-5.50 and higherReTo Eco-Solutions, Inc., together with its subsidiaries, manufactures and distributes construction materials primarily in China. Its products include aggregates, bricks, pavers, and tiles. The company's construction materials are used for water absorption, flood control, and water retention; for gardens, roads, bridges, city squares, retaining walls, and slope construction; for hydraulic ecological projects, such as slope protection and river transformation; and for insulation, decoration, and building walls. It also offers construction materials manufacturing equipment, such as automated production equipment with hydraulic integration in China, South Asia, North America, the Middle East, North Africa, and Southeast Asia. In addition, the company undertakes municipal construction projects, including sponge city projects, sewage pipeline construction, public plaza construction, and landscaping. It also exports its products. ReTo Eco-Solutions, Inc. was founded in 1999 and is headquartered in Beijing, the People's Republic of China.
RETO: Breakout Confirmed, 41.53% Potential Profit!Description: RETO is trending higher and in an uptrend meaning that highs are getting higher and lows are getting higher. The uptrend line on the chart and the Trending Band Indicator (which measures trend) supports the Long Position.
Stats:
1. Ideal buy range: $1.1 - $1.2
2. Take profit: $1.67
3. Stop Loss: $1.07
4. Risk To Reward: 1 / 4
5. Accuracy Rating: 85%
$RETO Stock surged on Two RumorsWhile the stock is running for the top, there has been nothing by way of press releases or SEC filings. So, what’s the deal?
- ReTo Eco-Solutions May Be an Olympic Provider. According to various social media posts, investors are awaiting an announcement surrounding involvement in the Olympic Games in Beijing. The rumor suggests that the company’s work with the 2022 Olympics in Beijing will be expanded, exciting investors.
- Merger With Apple Rumor. There’s another rumor hitting the tape too, and this one’s the big one. According to various social media posts, investors are awaiting the announcement of a merger. According to these rumors Apple is interested in merging with RETO.
- The Short Squeeze. the heavy short interest on the stock, combined with the ultra-tiny public float of under 15 million shares could lead to supply and demand related jumps in value. Ultimately, as the shorts race to cover their positions, demand for shares rockets, but with only under 15 million shares available to the public, the demand increase for RETO shares could lead to tremendous gains.
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$RETO is gonna fall todayPupm&Dump trading strategy idea.
$RETO is rising too much today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $2,50;
stop-loss — $2,65 ;
take-profit — $2,20;
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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Bullish!Swing idea! Bullish weekly and monthly so there's a great potential for investment here. If $1.13 is broken then it can fly!
$RETO- Reto Eco Solutions Inc (IDEA)So, taken a look at $RETO I decided to make a video... Now, I realize there's certain pumps that every1 likes to search for and personally, I'm still looking and searching... lol
This chart for some reason stuck out to me and the volume as well. Doesn't mean there's a guarantee action of some big pop but, it looks very interesting and I'm wondering if I should take the chance or just keep it on a watch list???
#InvestSmart
#TradeSafe
