Get started

High probability - Bullishness to continue - Ascending triangle

By rutt
Updated
From a technical point of view the RBL chart has a bullish ascending triangle breakout. From the Fundamental side the CV19 tailwinds are extreme for RBL with the online retail. Additionally, the most recent report highlight being sales of 26 million in masks, you would think that trend continues to grow for the forseeable.
Trade closed: target reached
Chart is still extremely bullish.
Ascending TriangleASXasxlongaustraliaBullish PatternsFundamental AnalysisTechnical IndicatorsRBLTechnical AnalysisTrend Analysis

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.