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Richtech Robotics Inc.Richtech Robotics Inc.Richtech Robotics Inc.

Richtech Robotics Inc.

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RR trade ideas

RR is she coming backI created an idea for trading a week ago for RR. It was the perfect chart pattern. Abnormal price and volume action was in place. Next trading day, the stock gave 1:3 risk reward ratio. After that came down hard but never closed below the low of the consolidation area. Today at the time of writing @ 1.24 volume is coming in again, and price is increasing. So it is positive, and there might be another opportunity. Stop loss is around 1.09, and no target at this time, however may be 2.40 range. So the risk/reward is huge. Play safe.
NASDAQ:RRLong
by findalphas
RR closed strong with volume and price actionThe current price is 1.47 for this stock. Stop loss is @ around 1.13. If you happen to accept the risk of $500 and bet that the stock will go up, then you have to buy 1470 shares. If it doesn't and closes below 1.13 you will take the loss of 500 and move to the next trade. Remember guys, we are walking in a random environment. The edge is more than %60. So we do not know which trade will be the winner, all we know is we have a high probability. Trade well
NASDAQ:RRLong
by findalphas