RAY is trading at a major support zone between $2.85 – $3.25, which historically has acted as a base for significant upward moves. With strong support beneath and favorable upside targets, this presents a solid long swing opportunity with clear invalidation.
🔹 Entry Zone:
$2.85 – $3.25 (key support and previous accumulation range)
🎯 Take Profit Targets:
🥇 $4.23 (previous resistance and psychological level)
🥈 $5.00 (key breakout level and round number target)
🛑 Stop Loss:
$2.84 (tight invalidation just below support zone)
🔹 Entry Zone:
$2.85 – $3.25 (key support and previous accumulation range)
🎯 Take Profit Targets:
🥇 $4.23 (previous resistance and psychological level)
🥈 $5.00 (key breakout level and round number target)
🛑 Stop Loss:
$2.84 (tight invalidation just below support zone)
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.