#R #stock #short


R is leaning down. There are targets within each timeframe. The most promising of which is the daily target of $66.

monthly
indicators are breaking down on monthly. this signals a possible trend break in the near future. That would give a target in the low 50s.
snapshot

Weekly
all indicators pointing down. price has formed a right leaning H&S. target is in the upper 50s.
snapshot

Daily
Here again you can see the H&S in the price action. You can also see the right shoulder has formed an upside down flag. A price projection into the $66 area.
Chart PatternsTechnical IndicatorsTrend Analysis

Also on:

Disclaimer