I've been keeping an eye on RHY for a while now looking for the big ann, there's a fair bit of FUD floating around and sometimes this is a sign to buy.
I have done my research as best I can and like to use a chart to make a final decision,however, the chart looks grim, descending triangle, very similar to AVH which had a big run from $1 to $16, so I will wait it out.
If the chart pattern plays out the target price is 26c but as we all know positive news will turn the trend.
This post is my observation only, I have no interest in down ramping or shorting, I'll include the chart for all to interpret if they understand TA
GLTAH
RHY Price at posting:
99.5¢ Sentiment: None Disclosure: Not Held
