RGL retest support and bounce now
RGL RGL Time Frame – Monthly
Observations: -
* Consolidation & range formation seen in 115-82 range.
* Monthly closed above 115 must for range breakout
* Above average volume activity seen in this consolidation now
* Price retest the April 2021 breakout level and consolidating above that level
* Trend changed expect from consolidation to upside once monthly close above 115
Resistance – 133 / 155 / 183 / 218.20
Support – 82 level
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