Initiated Long for RCF for 6 months to 1-year time frame
RCF made a cup and handle pattern, broken trend line and resistance, and retested and formed a green candle on daily TF.
Last resistance 112, once it is broken with volume and sustained for a week, can see next level 150 and then it 200+
It is a dividend-paying stock so I'm gonna accumulate it if any dip comes.
Fundamentals are good, though PSU stock expecting fertilizer stocks to perform in near to mid-term
RCF made a cup and handle pattern, broken trend line and resistance, and retested and formed a green candle on daily TF.
Last resistance 112, once it is broken with volume and sustained for a week, can see next level 150 and then it 200+
It is a dividend-paying stock so I'm gonna accumulate it if any dip comes.
Fundamentals are good, though PSU stock expecting fertilizer stocks to perform in near to mid-term