99 views
Royal Mail Group ( RMG ) has rallied into multiple resistance levels and appears to be rolling over to the downside.
LSE:RMG
The shares have formed a range pattern on the daily chart and are now trading at the upper end of this pattern.
With the medium term trend remaining firmly bearish , we look to use this as an opportunity to sell.
Our trade today is to sell at the open
Stop loss at 452p
Target at 400p
Good Luck
Grow
LSE:RMG
The shares have formed a range pattern on the daily chart and are now trading at the upper end of this pattern.
With the medium term trend remaining firmly bearish , we look to use this as an opportunity to sell.
Our trade today is to sell at the open
Stop loss at 452p
Target at 400p
Good Luck
Grow
Comments