RAY is riding an ascending triangle, which is bullish. The ascending trend line has been respected a few times to validate the triangle. MA30 is acting as support. A retest must follow a breakout to confirm an entry.
Trade closed manually
Price is losing momentum.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.