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collintwols

$RYAM looks set up for an easy 36% gain from gap and earnings

Long
Rayonier Advanced Materials Inc. (NYSE:RYAM)  
collintwols Updated   
NYSE:RYAM   Rayonier Advanced Materials Inc.
Fibonacci Trend Lines Earnings
2
0
fibonacci trendline earnings
$RYAM has a nice gap from May2019 and just had good earnings report. If it breaks the 618 fib it should be an easy run to the 718 for 36%! Options are available as well!
Trade closed: stop reached:
Well it didn't work as I had hoped! I got stopped out, so we'll see if it forms a trend later to hop on.

Related Ideas

collintwols
$RYAM still on uptrend with growing support. Pivotal moment!
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