Small rebound setup at RRC. In daily chart you can see there is a serious support at price level of 59$, moreover, there is a 200 MA. On a 60min chart you can see double top is forming right now. I think I was a bit in a hurry with this trade. Lets wait and see. Stop loss 58.63$.
By the way, SPX on 60min chart also has formed a nice double top where we can suspect that rebounce is on its way.
By the way, SPX on 60min chart also has formed a nice double top where we can suspect that rebounce is on its way.
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