RHM is suffering from fear and doubt due to the recent news on the war in Ukraine.If this news blows over, the current price is a good opportunity to step in at a low level. Watch for the following on this chart.
- The price is in the red on the Supertrend.
- The Volume is higher than the blue line, and it is a dark green bar.
- The LaRSI crosses the bottom line up.
We are also reaching oversold territory on the RSI (Current: just above 30)
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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.
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.