$RY with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $RY after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 50%.
RY trade ideas
Royal Bank of Canada not so royal anymore. RYImmediate targets 111, 109, and 106.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
RBC ($RY) Price Action and T.A. RBC ($RY) Price Action and T.A. to try and see if the value of RBC is currently near its fair value, or if it is over inflated in price and should see a correction soon.
RYRoyal bank of canada looks a gonner here
Would fit with the general risk off narrative
There is some hidden bull div so it might test the trendline a few times
I'm short
NOT FINANCIAL ADVICE
$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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Don't miss this opportunity to buy RYIt's a good time to buy , because the candles has a good uptrend and always stay above VWAP
ROYAL BANK OF CANADA : CMP 133Stock is just Breakout from 4 hour time correction...stock can create Long position above 130 for target 170 with SL 120....stock Can be outperform whole banking sector in next 6 months
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 a solid Canadian dividend stock to hold long termRY is showing increased volume indicating a typical accumulation and step by step uptrend. The previous ceiling is becoming the support twice, target price at $108 to test for ceiling to support strength to make new highs.
RYHi Everyone, as you can see from the graphic the market was increasing, but now it start to fall, it is recommended to sell RY now.
Royal Bank of Canada (RY)This stock is a longterm hold (years) always trends up, good dividend stock, it's looking for a higher breakout for all time highs. Also check out XFN for Canadian bank etf. Financials will see higher prices.
Low Risk Long Term ShortLow risk short; stop placed at 2.3%. Looking for 10% upside exit. Strength divergence and bearish price action.
$RY trading within its projected PEAD cone$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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RY: Head'n shoulderHead and Shoulder
Pros:
Descending volume during formation
PPS below 50MA
R/R ratio above 7
ATR flat
RS flat and below 0
250RSI below 50
200MA descending
Cons:
PPS still above 200MA, but barely
If confirmed:
PT = 60.68$
RY Technical analysis -- which side should you be in now?Technical analysis of RY. Let me know what do you think in the comment section below.
