RY.PR.J trade ideas
Royal Bank of Canada not so royal anymore. RYImmediate targets 111, 109, and 106.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
$RY with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $RY after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 62.5%.
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RY Short
William Alligator : the stock is currently in a bullish position because the candlesticks are above the Teeth, Lips and Jaw and the lines are “eating with an open mouth” this indicates that the stock is in a strong uptrend.
RSI : the line is above 70, so the stock is overbought.
Candlestick patterns : there are three white soldiers which are bullish confirmation.
Overall : it can be interesting to take a sell position on this stock because the stock is currently overbought. Entry price is lower than the current price for assurance and stop loss is set at 5%.
$RY trading within its projected PEAD cone$RY traded within its projected PEAD cone after a Positive over reaction following its earning release, trading well within the parameters of the projected cone
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$RY with a bullish outlook following its earning release$RY posted its earnings with a positive over reaction following its release with the PEAD projecting a bullish outlook, Placing the stock in Drift B
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