Text me if you have any questions/comments for me.
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REA
- Previous analysis was done on 9 Sep - Suggested waiting for successful breakout of 170 resistance levels
- Since then, the stock has gone up 9% and broken through the counter-trendline (purple dotted line)
- 170 levels has been a resistance since June 2021 (blue dotted line)
- A successful breakout looks to be around 174 levels
- If a breakout is unsuccessful, it’s important that the stock rebounds of the counter-trendline
- R is more than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for successful breakout of 170 levels
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REA
- Previous analysis was done on 9 Sep - Suggested waiting for successful breakout of 170 resistance levels
- Since then, the stock has gone up 9% and broken through the counter-trendline (purple dotted line)
- 170 levels has been a resistance since June 2021 (blue dotted line)
- A successful breakout looks to be around 174 levels
- If a breakout is unsuccessful, it’s important that the stock rebounds of the counter-trendline
- R is more than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for successful breakout of 170 levels