Royal Mail Defeated By All-Time High
ROYAL MAIL PLC ORD 1P LSE:RMG
Review: Price has moved back below the previous all-time high
Conclusion: Since the buyers were not strong enough to hold price above its previous all-time high, we need to stand aside.
Price is back in the large consolidation area so wait for price to break out again before looking for long opportunities.
Any comments or questions, do not hesitate to leave them below. Hit agree if you share our sentiments!
Sublime Trading