Where is RHY headed?, page-8

Think I've posted here before as I had notes all over this chart so thought i'd post this anyway. Hope I'm not offending anyone.

Current daily is fascinating with large upper and lower gaps and unfortunately for holders it appears that the lower one will get filled first.
Those two candles were certainly sell signals as they were way too far outside of bollies and in came the supply.
In my experience when there's a breakout like that on the 17th then when supply comes in so fast then the breakout level gets tested again (35 cents), especially if that yellow support level fails.



Here's your weekly, developing good support at this level. Would be nice to see that MACD cross positively next week.



Tough time of year is MAY, and there are big swings. Protect your capital guys, last week was an opportunity. IMO.

Cheers.