RUBY Bullish Setup (earnings out 28th March)
NASDAQ:RUBY
Setting a nice bullish consolidation. Any break of resistance is a trigger long for me. Earnings out so soon throws a spanner in the works though so would ideally like to wait and see how it reacts to it's earnings
Short float= 12.7%
Keep risk tight (area marked on chart) Be aware this is a pharma stock so they have been known to be wild (news announcements) so keep this in mind. Extra caution in this sector when trading it.
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.