Long
RDS.B Long
Assuming that you trade using a daily chart (position trader/couples weeks to month holding period), I wouldn't even entertain this until it spends some time above $46 and got there with some momentum.
- It's in a strong downtrend on the daily chart and is in a pullback that will probably take it up to $44 then turn down.
- It's in a strong downtrend on the daily chart and is in a pullback that will probably take it up to $44 then turn down.
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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.