RCOM BREAKS CRUCIAL SUPPORT

Today, the price action breaks out from the important support level of 46-47 levels that indicating further weakness.

Target: 40
Stoploss: 49

Handel aktiv:

Now ideal time to short it again, as it reaches to the previous support levels which may now be acting as strong resistance.

Kommentera:

Short with Stoploss of 48, Target 40

Handel aktiv:

Formed a Bearish Engulfing Candlestick Pattern