RGTI : First Long Position Area

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NASDAQ listed Rigetti Computing Inc. stock is currently trading above the 50 and 200 period moving averages.
Once it gained momentum, it later lost it but its outlook is not weak at the moment.
Right now, if the Iran-Israel war uncertainty is overcome and if there is no bad news affecting the index, the gap may close.
Risk/Reward ratio of 3.00 is a very valuable ratio to try with small position amounts.

  • Risk/Reward Ratio : 3.00

  • Stop-Loss : 9.91

  • Take-Profit : 18.2


Regards.

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