Channibal

Bullish Engulfing Reversal Play - $RIGP

做多
NYSE:RIGP   None
$RIGP painted a rather strong bar today, with more than 2 times the average volume. Looking back at this past month, there were 2 instances of a short bull run that yielded a $3.72 and $4.36 rise, measured from Low to High, and each represented more than 20% increase. An Entry off today's high, with Stop set at today's low, will bring 2R profits if Price can reach $18, which appears to be a significant resistance level. Such a run would equate to a ($18 - $13.5) = $4.50 run, which is, no doubt, a bit optimistic. Maybe a tighter Stop can offer greater Return, but that's up to the individual trader.
免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。