first week learning chartwith this i tried to give myself a simple way to read a chart when looking to hold a trade Long or whether i will buy a trade for a short sell. Still trying to learn exactly whats for what and lingo, hopefully soon.
RYAM trade ideas
RYAM working on something here!Long from $21.29
Pattern working nicely, should test highs very soon.
Bearish WedgeI'd bet a big draw down coming soon. No position until there's a directional break out of the wedge.
RYAM - coiled stochastic divergence back test into supportBuy: 18.25
Target: 18.77 - 19.62 (2.85% - 7.51%)
looking bearishthis break of 19.2 could signal more downside ahead, holding calls, looking for possible ER catalyst
have u met my friend $RYAM?double bottom with increasing volume and big call feb buyer, it's like a b c d
RYAM - Flag formation Long from $17.54 to $20.83RYAM seems forming a flag formation, however it needs to break through its resistance. We think it can go up to $21 are if it can break above $17.54
* Trade Criteria *
Date First Found- June 6, 2017
Pattern/Why- Flag formation
Entry Target Criteria- Break of $17.54
Exit Target Criteria- $20.83
Stop Loss Criteria- $16.37
Please check back for Trade updates. (Note: Trade update is little delayed here.)
Long setup for RYAM-Price trading in support/resistance channel
-IF price re-bounce should go in $16 range
-Conservative traders can sell at first Fibonacci price point on $14.16
beautiful level at 11.86I see this thing falling if we can break the psicological level at 11.86...the volume is on expansion right now so cuuld be a nice trade...next support at SMA200 and after that 10
Rayonier Materials -- Post Earnings -- Enormous Double BottomRayonier Advanced Materials Inc RYAM:NYSE
Double Bottom Breakout Pattern
Possible Retest and Further Advancement
Target Price Range: $19.50 - $21.00
RYAM - RAYONIER LONGAfter the company reported better than expected 2016 first quarter earnings and revenue the price is pointing straight up. From a technical point of view the price in now above double bottom neckline and above 200 MA, showing a possible trend reversal on daily chart. Other details on chart.
