RR to found buyers at 50% pullback?Rolls Royce (RR.) - 30d expiry- We look to Buy at 79.07 (stop at 75.15)
Short term bias has turned positive.
Levels close to the 50% pullback level of 79.62 found buyers.
Levels below 80.00 continue to attract buyers.
We look to buy dips.
Daily signals are mildly bullish.
Our profit targets will be 88.88 and 90.88
Resistance: 90.00 / 94.80 / 97.00
Support: 84.50 / 82.00 / 78.30
Disclaimer – Saxo Bank Group.
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