After the release of good financials on Feb. 24, there is a significant increase in volume in RYAM. Many buyers have entered the market here.
This results in a nice setup for a swing trade of several days in the daily chart.
The overriding trend in the weekly chart also confirms the current market direction.
It is quite possible that already today at market opening some profits are taken after yesterday's rise, but until the end of the week, the probability is high that RYAM books a further increase.
Good trades!
This results in a nice setup for a swing trade of several days in the daily chart.
The overriding trend in the weekly chart also confirms the current market direction.
It is quite possible that already today at market opening some profits are taken after yesterday's rise, but until the end of the week, the probability is high that RYAM books a further increase.
Good trades!