RHM this has more upside potential. First resistance level at 1885 - 1895. Last resistance before ATH at: 1922 - 1950.
If it rejects at first resistance line i'm looking to Sell and reenter at 1735 supply zone. If it breaks past and rejects at ATH, looking for reentry at 1800
RHM Is it too late to buy this stock? The war in Ukraine doesn’t seem to be ending anytime soon. Here are my 5 points: 1. Trump cannot stop Putin. 2. Europe is weak. 3. Putin likely won’t stop with just Ukraine. 4. Ukrainians are holding the frontline, but the shortage of weapons is being compensated with lives — and those aren’t infinite. 5. Either Europe surrenders to Putin, or they begin mass-producing weapons.
I wish I had bought it back in 2022 when Putin attacked Ukraine, but my mind wasn’t in the right place at the time.
RHM is facing a tightening upward channel on the 4h chart. if it fails to exceed previous resistance on the weekly chart, it's probable to fall back towards the long term support zone. it's also possible that it will rebound in the lower fibonnacci zones 0.236 at 1299.50 EUR 0.382 at 1419 EUR