ROYAL BANK OF CANADAROYAL BANK OF CANADAROYAL BANK OF CANADA

ROYAL BANK OF CANADA

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ROYAL BANK OF CANADA stock discussion

simple moving 50 up said stable best time reddy 🚀
Snapshot

RY - Appears that a H&S(D) formed -Nov 22>May 23 , waiting for a drop to ~117 (~ previous support points), before entry on the ride up
Snapshot

RY Bearish Head and Shoulders
Snapshot

RY Using the Macd Strategy Tester on a Daily Basis will give you very good Entry and Exit Points for RY. But you must consider Market Trends and look to other indicators for confirmation signals.
Snapshot

RY This is what I see as a Long Term move by RY. It's an extremely strong stock Fundamentally and will quickly rebound from the most current banking fiasco. Quicker than in 2008. It was already in this Pattern and SVB tipped the scales to pull it down faster for the interim.

Taking a run for its latest swing high (~$136 CAD in November 2022) ??