Long

RAD Swing Trade Setup Long

NYSE:RAD

RAD is the Rite Aid drug store chain0 being in healthcare and

consumer staples it is relatively resilient in a recessionary context.

On the Chart, RAD is at swing lows sitting on support with

25% upside potential. The RSI indicator shows an impending

K & D line cross under the histogram.

A recent triple top helps mark the resistance while an

earlier double bottom shows the support. The order block

indicator provides confirmation.

I see this as nearly ready for a swing-long entry.

What is your opinion?
orderblocksPivot PointsRADrelativestrengthriteaidsupportSupport and ResistanceTrend AnalysisWBA

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