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Post# of 24859
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khmerican

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khmerican

Re: None

Saturday, 05/27/2017 11:49:44 AM

Saturday, May 27, 2017 11:49:44 AM

Post# of 24859
RJDG is in a rectangle consolidation. The longer it stays in this pattern the more significant or forceful the breakout would be. This pattern is viewed as a continuation pattern of the existing trend. We will be ping ponging between the parallel support and resistance that created this rectangle; could even be till 4th Q end. My conservative target is .06 by end of 2017.

This pattern is easy for those swing traders and short term traders as support and resistance is clearly identified.

We should bounce from support leading in to 4th Q.

RJDG - Daily
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Volume:
Day Range:
Bid:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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