A quick thought to share: $RLC broke above 1.1534, a level it hasn’t reached in the past 365 days, and trading volume was 4.4 times its usual level.
When I first got into this, I’d jump in whenever I saw a high-volume breakout, and ended up buying at the day’s high several times. These days, I usually wait for it to pull back and retest 1.1534, then consider getting in if it holds.
Speaking of which, 1.0866 has now moved back into the range. I’ve seen this kind of back-and-forth plenty of times. What’s your first read?
#RLC
Just sharing and keeping a record—not investment advice.
When I first got into this, I’d jump in whenever I saw a high-volume breakout, and ended up buying at the day’s high several times. These days, I usually wait for it to pull back and retest 1.1534, then consider getting in if it holds.
Speaking of which, 1.0866 has now moved back into the range. I’ve seen this kind of back-and-forth plenty of times. What’s your first read?
#RLC
Just sharing and keeping a record—not investment advice.