RR looks a buy on the trend line. RR seems to be in an uptrend, like most stocks at the moment.
We can find an uptrend trend line.
Buy entry around 310.
RYCEF trade ideas
looking very bullish ??as you can see we have formed a double bottom on the weekly and started a new uptrend with a lower low
Rolls royce - could be double bottomThe fundamentals are conflicting. Large defence contracts have been signed on the last week.
But at the same time Covid19 disrupt air flights and S&P has downgraded RR.
Rolls Royce Terminal Move ( In 5th Wave ) Terminal move in the making...
There are different scenarios for this idea...
1) If the a wave is in fact larger 5th wave of the Terminal wave, Price will go up sooner...
2) If we are only in the part of 5th wave of the terminal move then we can make a triangle for the 5th wave which is common or we can make any other corrective way but flat with a failure or a triangle is more likely...
Rolls Royce - RR - Technical AnalysisWait before buying. Most likely the market will be moving sideways for the next week/weeks.
I was not able to find any reversal signal, meaning that the major trend is still bearish.
Rolls Royce Technical and Fundamental AnalysisTechnical Analysis - Hold and wait the right signal to buy
The Market is bearish since the Virus came in - let's try to follow the trend
Fundamental Analysis -
Bed news around the airline (or connected business) that do not help RR. Furthermore, RR is looking at cutting up to 15% of its 52,000 strong workforce.
Conclusion, for a short term wait the right signal to sell, while for a long term investment RR is a good market where to buy, just wait the right signal to buy (perhaps in 6 months)
RR.L - Rolls Royce Holdings - Elliott Wave AnalysisElliott Wave Analysis of Rolls Royce Holdings (RR.L) determining the next phase of a bull market move. It is important that the low in 2002 @£0.47 is held.
Rolls Royce PLCSpoofing or someone just dumped a whole load of shares on RR.
In any case that must have taken most of long positions out for retail traders since stop losses must have been triggered on this one,
With no buyers left price heads south, still bullish on this one and still on the trade as we broke out of this descending wedge that we have been in for a while,
It looks like we are heading towards a right shoulder of a reverse H&S pattern as indicated by the blue arrows.
Rolls Royce is one to watchRolls Royce is starting to look interesting. There will most likely be some further downside to around 620 but I believe we will head higher from there. 2020 FCF is projected to be £1 billion. I would set my price target to around 925-950GBX.
Rolls Royce, lets RollA trade with over 3:1 R:R on RR!
Breakout to upside of falling wedge gives a target at the first intersection of the upper TL
Targets on the chart!
Rolls Royce PLC longDesceding wedge with Bullish divergence on the MACD as shown on the Daily,
profits will be taken at the 0.5 Fib retrace level from previous all time high to current lows
Rolls-Royce falling down due to BrexitRolls-Royce Holdings Plc's cash outflow ballooned in the first half as a bottleneck in plane deliveries at Airbus SE and Boeing Co. reduced engine revenue and stockpiling for a no-deal Brexit led to a build up of parts.
Europe's biggest jet-engine maker posted negative underlying free cash flow of 429 million pounds ($522 million) for the six months, almost six times the level of a year earlier. The shares fell as much as 2.3%.
RYCEY potential reversal!
RYCEY expected to rise up to 1st resistance at 11.102862 where it could potentially react off and drop down to 1st support at 10.771934.
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Losses can exceed the initial investment so please ensure you fully
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RYCEY Testing Resistance, Potential Reversal! RYCEY is testing its resistance where a reversal could occur.
RYCEY Bounced Off Near Its Support, Potential Rise!RYCEY bounced off near its support where a further rise could occur.
RYCEY Approaching Support, Potential Bounce!RYCEY is approaching support where a potential bounce to its resistance could occur.
RYCEY appraoching support, potential bounce!RYCEY is approaching our first support at 11.2563 (horizontal pullback support, 50% fibonacci retracement, 100% fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 13.06665 (horizontal swing high resistance).
Stochastic is also approaching support.
RYCYE Approaching Support, Potential Bounce!RYCEY is approaching support where a potential bounce to its resistance could occur.
RYCEY Approaching Support, Potential Bounce!RYCEY is approaching support where a potential bounce to its resistance could occur.
RYCEY Approaching Support, Potential Bounce!RYCEY is approaching its support where a bounce to its resistance could occur
RYCEY Approaching Resistance, Potential Reversal!RYCEY is approaching its resistance at 11.66 (61.8% Fiboancci extension, 50% Fibonacci retracement, horizontal swing high resistance) where we expect to see a reversal.
Stochastic is approaching resistance as well where a corresponding reversal could occur.
