RSR Update
RSR needs a bounce here to remain bullish. Hoping to break upwards out of this rectangle zone soon.
Reasons for expecting a bounce here:
1) Previous ATH level reached which has been acting as strong support
2) Approaching Daily 55 EMA which should act as support
Reasons for expecting a bounce here:
1) Previous ATH level reached which has been acting as strong support
2) Approaching Daily 55 EMA which should act as support
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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.