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RS trade ideas

1/17/25 - RS: new BUY mechanical trading signal.1/17/25 - RS: new BUY signal chosen by a rules based, mechanical trading system. RS - BUY Stop Loss @ 264.20 Entry BUY @ 288.06 Target Profit @ 323.11 Analysis: Higher timeframe: Prices have stayed above the lower channel line of the ATR (Average True Range) Keltner Channel and reversed. Higher timeframe: Victor Sperandeo's (Trader Vic) classic 2B BUY pattern...where the current lowest bottom breakout price is only slightly peaking lower than the preceding bottom price. Higher timeframe: Price peaked below the ATR (Average True Range) breakout low and then reversed.
NYSE:RSLong
by martinmlm
RS Intuition stock longer term shortI've had some personal drama going on lately and just haven't been motivated to journal, but this name has history with me as it's the first ticker that ever came into my head once I tried to actually acquire information from "beyond". That was in 2018 when this was only $92! I was kind of excited when it came into mind on Nov. 12th with the number of $79. It triggered my alert on the 1st as it got close, and really didn't go much higher and has now really rejected that level. I asked about targets and stuff, but think this is really a longer term short as I was getting dates into next June. My mind gives me the number 132 fwiw, but idk. I'll update if we get to 232 in case that's relevant.
NYSE:RSShort
by JenRz
RS - Bull FlagBroke up into ATH (All-time-high) on 28 Feb on strong volume. Have been forming a bull flag since. Buy the next break up of this bull flag as the momentum remains strong. p/s I may also attempt to buy if it retest the resistence turned support level around 179-179 with a tight stop loss slightly below the support. Theoretical "cup" target is around $221. Let's see if it is able to reach there. Protect with trailing stops or scale out along the way. Disclaimer: TA is about improving our odds of a successful trade (not a guarantee). This is just my own analysis and opinion for discussion and is NOT a trade advice. Please your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Thank you.
NYSE:RSLong
by Juliac
RELIANCE STELL & ALUMINIUM Analysis DailyHey guys, RELIANCE STELL & ALUMINIUM is in a very important moment in its history we can witness a new historical high. It is in a bearish dynamic fake with a water-carrying candle shape followed by a bearish trace and a fake return of traded sell volume. The TIMEFRAME M1 shows a marubozu with an explosion in the purchase volume made it leaves on the base of the bollinger for a test then on its high. What corresponds on the underside of the top of the balance zone it will be checked. Big possibility of breaking the price with the return of momentum then the zone to arrive in another and make a new historical high. See if the bearers will come and test the top of the zone for pullbacks to take their profits or check the top of the bullish channel continue the movement for Elliott waves. Please LIKE & FOLLOW, thank you!
NYSE:RSShort
by stephanelibatd
RS BUY $97-98 & Can short to thereI have a special place in my heart for this stock as it's the first that came to me when I finally got quiet and asked the Universe/God/Source for ideas. I never heard of RS, and I'll save the details, but I literally received the number 95, and that week it rallied from 91 and hit 94.97 and reversed. I was astounded. So this Sunday I got RS and 97. I wrote it down but thought it was ridiculous because it's SO much lower! I'm not doing any analysis on the chart. I don't need to. Anyway, every time I look at the stock today, it's down another 2%. Atm it's finally bouncing a small amount after hitting 106.21 & down 10%. I decided to write this up because it was at 107 and it triggered my brain upon seeing the 7 that it's only $10 now from my level. IF history repeats, this thing will be a buy anywhere around $97. Even if it's $97.99. This just happened with LUV and the #51, which it hit 51.85 and ripped. And there's still enough meat on the bone to short to there if you like.
NYSE:RSLong
by JenRz
XME Components Analysis Number 9: RS (Reliance Steel & Alum)I have recently published a series of bullish articles about-XME. RS-is one of the components of-XME. The strength of this chart speaks for itself - It is one of the metals stocks which is contributing to the strength in-XME. XME-is the-SPDR S&P-Metals and Mining ETF-which offers broad exposure to industrial-and precious metals and mining, with a strong emphasis at the lower end of the capitalization spectrum. It holds 25 components in an equal weighted market cap. I believe by showing you some of the individual components of-XME you will understand why I am very bullish towards the upward move in-XME. Don.
NYSE:RSLong
by 649bruno
1