RZI - A Pull Back may provide a Buying Opprtunity
Zaktualizowano
RZI has been strong lately and is now facing resistance at $1.130 zone. It has formed consecutive Higher Highs and any pull back towards Support at $0.890 - $0.900 range should be a good Buying Opportunity in my opinion.
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.
Komentarz
Komentarz
RZI looks good but now it has reached Resistance. I will be a buyer of RZI when it retraces lower to the green Support Circled Zone of $0.90 - $1.00 range.Komentarz
Komentarz
RZI seems extremely Overbought as we can see the RSI indicating it. Will have to be patient for it to retrace towards Trendline Support before considering to buy.
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