6.45 is a major Fibonacci resistance going all the way back to the 14.70 all time high.That is why the stock is pausing and I believe,consolidating in this area.
Above 6.45 - 8.00
Then 9.55
Should this crazy run push it over 9.55 there's no resistance before the double top at 14.70
Weekly oscillators are bullish,not nearly overbought.
Technically there's plenty of room for this low float,parabolic ride to continue.
Recent ROYL News
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- Form 8-K - Current report • Edgar (US Regulatory) • 02/15/2024 09:55:52 PM
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- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/13/2023 08:01:19 PM
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