Text me if you have any questions/comments for me.
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RLT
- First time doing a written analysis on RLT
- Stock has a history of sharp and sudden price movements that are usually reserved for penny stocks
- It’s super volatile and may not be a right fit for some investors’/traders’ risk appetite
- Uptrends are not well-established with only 1-2 waves of HHs and HLs before a strong retracement takes place -> Trend will be difficult to trade as a Trend Follower
- R is more than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a series of HHs and HLs to properly establish itself
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RLT
- First time doing a written analysis on RLT
- Stock has a history of sharp and sudden price movements that are usually reserved for penny stocks
- It’s super volatile and may not be a right fit for some investors’/traders’ risk appetite
- Uptrends are not well-established with only 1-2 waves of HHs and HLs before a strong retracement takes place -> Trend will be difficult to trade as a Trend Follower
- R is more than 10%
- Strategy-to-buy (DYOR) – Suggest waiting for a series of HHs and HLs to properly establish itself