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stocktrademan

07/23/21 9:28 PM

#110 RE: stocktrademan #105

RSX buy 28.18

Hey look Russia's Stock Index has that characteristic bullish Inverted Head and Shoulders Bottom pattern on the monthly chart...

So the distance from the head to the expected neckline breakout is about 6 years. Then you can anticipate the breakout buying now for a discount, or buy the breakout slightly higher. Then you wait 6 years or so to evaluate the extreme profits, of course with a stop below the right shoulder, shrewdly realizing Russia's Index is being under-appraised regardless.

Background Education (take your time you got a few months perhaps):
https://www.google.com/search?&q=Inverted+Head+and+Shoulders+Bottom

https://stockcharts.com/c-sc/sc?chart=RSX,uu[e,a]mhclyiay[uu][pb5!b10!b50!b100!b200!d20,2!h.02,.20!f][vb5!b20][iut!lv8!lk9!LE12,26,9!ll14!la6,13,5!la8,17,9!la12,26,9!uc14!ub14!ub6!lo!lp7,3!lh9,3!LI14,3!lxa!ld8!lq!lg14!lf14][j20444984,y]&r=3555b




https://finance.yahoo.com/quote/RSX/profile?p=RSX

https://www.barchart.com/stocks/quotes/RSX

https://finviz.com/quote.ashx?t=RSX

https://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=RSX

https://stockcharts.com/c-sc/sc?chart=RSX,uu[e,a]dhclyiay[uu][pb5!b10!b50!b100!b200!d20,2!h.02,.20!f][vb5!b20][iut!lv8!lk9!LE12,26,9!ll14!la6,13,5!la8,17,9!la12,26,9!uc14!ub14!ub6!lo!lp7,3!lh9,3!LI14,3!lxa!ld8!lq!lg14!lf14][j20444984,y]&r=3555b

https://www.barchart.com/etfs-funds/quotes/RSX/technical-chart?plot=CANDLE&volume=total&data=DO&density=X&pricesOn=1&asPctChange=0&logscale=1&indicators=TREND&sym=RSX&grid=1&height=500&studyheight=100&timeframe=2%20Months




normal chart









log chart









normal chart








log chart