RAIN - possible turnout to downpour

RAIN - Trading in the range from the past couple of days and yesterday(10-Jan)
on Futures - Price Breakout Upside above current JAN series and also previous DEC Series VWAPS from Below.

Also currently stock is trading above strong support.

The Breakout of the trendline should give us a good upside in the short time frame.

Once sustains above 182 - the next target is 206 and then 240 is possible in quick sessions.

Also - in terms of RSI on Daily, Weekly, and Monthly values - we can clearly see Daily RSI > Weekly > Monthly. And also recent crossovers.

Add to watchlist -- we can enter above the trendline and get wet in RAIN.


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