Good morning all
I would appreciate a chart & TA on RRL. It seems to me to be encountering some resistance at about the $2.34 level despite 3 high volume days. Is this smart money (SM) selling into the demand from non-SM (& thus due to fall in price soon, back to a lower level of support at about $2.20, without SM support) or is it looking to consolidate before continuing to rise? Any constructive criticism of my analysis/interpretation would be welcomed as I am still learning to understand charting.
Thanks in advance.
Regards,
Confucius
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