fdeltenr

RTL GROUP - Consolidation and good opportunity confirmed

Long
XETR:RRTL   RTL GROUP
RTL Group has dropped from about 10% in may due to bad results. The consolidation has been generated quickly on the chart in 1H drawing an ETE. The neckline is currently attacked by buyers and will be broken soon. A bullish trend will directly follow the break with growth potential of 5 to 10% on a very short timeframe.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.