TRADING CALLS
RCF - SHORT TERM: STRONG,LONG TERM STRONG, PREVAILING BIAS: STRONG
RCF is going through "warehousing" i.e. the buy orders are very large (and they come in one or 2 waves a day) and the sellers are smaller lot holders. When a stock moves into this kind of buy/sell imbalance, it can head much much higher. The stock has other things going for it. It has broken through all resistances including the last resistance at around 115 and that too on volumes of 7 times 3 month average volumes
Good for a day trade, swing trade, long term trade. Hold if you have it. There is more to come
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