SoloTraderAU

RXP Short as this moment

Short
SoloTraderAU Mis à jour   
ASX:RXP   None
Remember cyclicity?
We are facing a phase 2 of the uptrend channel. I expected the stock price will break SMA 40, and look for a support around $0.90 where horizontal support locates.

Both Stoch & MACD are pointing downwards. We need to wait for confirm candlesticks reversal pattern or indicators crossovers to buy near $0.90
Commentaire:
My green arrow predicted the rebound of the stock price.
It is a bullish reversal pattern. Target Sell at $1.10, get some cash before Xmas

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