RBS PLC BUY
TARGET 238
The Major trend of RBS PLC is showing strength for buying. If it breaks the resistance level then one can initiate buying position in the stock.
Resistance level of 234 Target of 238 with the stop loss of 230
CHART FORMATION:-
Stock is trading in a range and trading near the trend line. Breaking the resistance line will lead to upside movement. Stock is trading above the 50 DMA with positive bias.
INDICATORS:-
RSI is trading near to 52 levels with positive bias, in upcoming session upside movement is expected.
TARGET 238
The Major trend of RBS PLC is showing strength for buying. If it breaks the resistance level then one can initiate buying position in the stock.
Resistance level of 234 Target of 238 with the stop loss of 230
CHART FORMATION:-
Stock is trading in a range and trading near the trend line. Breaking the resistance line will lead to upside movement. Stock is trading above the 50 DMA with positive bias.
INDICATORS:-
RSI is trading near to 52 levels with positive bias, in upcoming session upside movement is expected.