Long
RGT - Descending Wedge; 50%-150% upside
The chart speaks for itself: a descending wedge and the MACD sell volume is tapering off as price is descending (bullish divergence),
Very likely to see a 50%-150% move on RGT soon since there is barely any selling pressure,
Very likely to see a 50%-150% move on RGT soon since there is barely any selling pressure,
Note
We still have not fallen out of the wedge, important price levels to pay attention to,Note
A bit of a detour - target is still $4-5
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.