$RSR Identifying an RSR Bearish Flag

A bearish flag pattern for Reserve Rights (RSR) is a concerning technical signal, suggesting a sharp decline may resume after a brief, weak consolidation period.

This pattern forms after a steep drop (the flagpole), followed by a slight upward or sideways drift on low volume. This weak rebound indicates a lack of real buying conviction.

The bearish signal triggers when RSR breaks down below the flag's lower trendline. This breakdown projects a further decline roughly equal to the initial flagpole's height.

Ultimately, this pattern warns that sellers remain in control, and any stability is likely temporary.$PIPPIN $POWER

RSR

0.002667

-2.70%