US Stock In Play: $RHI for NYSE:RHI by jfsrevg

trendanalysis chartpattern fundamental jeffsuntrading jeffsun jeffsuntrade rhi roberthalf canslim usic swingtrade vcp

$RHI a 2021 market darling until the last week of November, where it undercut its 50MA for the rest of the year. currently established a higher low with cup and handle pattern. weekly chart, it capture back its 10MA for the first time in 7 weeks.

actionable trade for today

Comment:

$RHI traded to all time high close. the last line of resistance is its all all time high at $120.44, merely $0.80 away (less than 35% of its current ATR level.)

$RHI RS have already breached the level

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