This analysis shows RRC in a bullish channel and following the Fibonacci replacement lines, right now it is slightly oversold and in my opinion worth the investment. I'm going in at $4.66 expecting it to go back up to at least $5. There is decent support at $4.31 and strong resistance at $5.75. Good luck investors and remember that this information is not a...
- Target 1 @ $0.27
- Target 2 @$0.29
- MOSY is releasing their quarterly earnings report on May 9th so if it is above expected earnings it would be a good sign that MOSY price will spike up.
Let me know what you think in the comments, thanks!
- As seen on the left side of the chart, the HOLY golden cross occurred which shows a very bullish move
- The 50 day moving average continues to be above the 200 day moving average (VERY GOOD SIGN)
- As seen using the fibonacci retracement tool, there is strong support at the $1.89 marker
- This pattern should lead to a strong uptrend and our Target 1 should...
I entered the market when MOSY was at around $0.20 dollar and I intend to sell at around the $0.25 mark. Any comments are welcome!
Remember this is not investment advice I am doing this soley to show my strategy and get feedback, thanks!
