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Munchkunster
Jun 9, 2021 4:39 AM

Raymond Possible BO coming from uptrend channel Long

RAYMOND LTDNSE

Description

Raymond has been trading between parallel channels after heavy capitulation in Mar 2020.

Seems like the time has come for a BO out of trend channel.

Look at the massive volumes bought in last week.. RSI confirms the uptrend continuation...

Wait for BO to buy.. Possible resistance zone between 510-530 .. Verify Momentum and book profits accordingly..

800+ possible target.. All details on chart ..

Please like if you agree...

Not a financial advisor. Just a normal guy learning along with community here..

Comment

Look for first target around 485-500...trend reversal can happen as very strong resistance in that range..

Timeline for first target (485-500) is Aug-Sep
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