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Ryanair - coming down for a landing?
13 years 6 months ago #646
by gclark25
Replied by gclark25 on topic Ryanair - coming down for a landing?
Sorry sometimes I forget to point out some of the obvious indicator signals like the diverging RSI & Macd and an oversold Stochastic looking like a possible reverse.
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13 years 6 months ago #645
by gclark25
I see a channel at its peak.
I think this is due for a potential 60+ pip drop in the coming weeks - with a 20 pip risk.
I would place my stops above 465 with my targets being 380 (or the inside channel support - conservative, 370 (clear support/previous resistance), or one of the 100 or 200smas
Not sure if anyone agrees?
Ryanair - coming down for a landing? was created by gclark25
I see a channel at its peak.
I think this is due for a potential 60+ pip drop in the coming weeks - with a 20 pip risk.
I would place my stops above 465 with my targets being 380 (or the inside channel support - conservative, 370 (clear support/previous resistance), or one of the 100 or 200smas
Not sure if anyone agrees?
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