NYRT is way oversold. THE RSI for this is way below 20 and has been for a while. Also, The stock has gapped down twice; and the catch phrase is that gaps fill. So looking at this the risk/reward, the stock offers some good reward compared to loss. If this stock double fills, this will be a very profitable trade. Furthermore, price is about to cross its EMA9 and potentially go bullish. Looking at the ELder bulls, the trend is up. Go long. go long and deep.
Kommentera:
Same set up at BCLI and WINS.
Kommentera:
The EMA9 is $4.04 today. Price has hit $4! a cross over the EMA9 is soon to happen and we should hopefully see some movement up