Entry conditions: (i) higher share price for RSH above the level of the potential outside week noted on 4th October (i.e.: above the level of $0.043).
Stop loss for the trade would be: (i) below the swing low of 1st October (i.e.: below $0.033), should the trade activate.
액티브 트레이드
UPDATE (week ending 11-Oct): Trade activated 9th October, with share price closing well above 10 and 30 day MA's at end of trading week. Consider raising stop loss to $0.044 at least, based upon prior support/resistance area from February 2023 (move to further bullish potential list).
액티브 트레이드
UPDATE (week ending 18-Oct): Continued good performance by share price this week. Consider raising stop loss to $0.059 at least, based upon prior support/resistance area from April 2023.