$RLC
Everyone is criticizing RLC—down 10.5%—but buyers are already stepping in on the order book. When the whole market is bearish, a reversal is often not far off. The trend is down: hold short below 0.9192, with 0.9516 as the line in the sand and 0.8286 as the level to trim your position. Don’t fight the trend; the bears aren’t done yet. #RLC #MarketAnalysis
Everyone is criticizing RLC—down 10.5%—but buyers are already stepping in on the order book. When the whole market is bearish, a reversal is often not far off. The trend is down: hold short below 0.9192, with 0.9516 as the line in the sand and 0.8286 as the level to trim your position. Don’t fight the trend; the bears aren’t done yet. #RLC #MarketAnalysis