RZI - This pull back may provide a good Buying Opportunity
After the strong move to the upside, RZI seems to be pulling back, and my Buy Zone is between $1.470 - $1.62 region, where the trendline Support also lies. If it retraces lower to my Buy Zone, I would be taking a Buy Position after Bullish Price Action, to join the upcoming move to the upside. Lets see how it develops in the next few days.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
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