A double bottom has formed on ReTo. Our preferred method is to trade the asset back to the neckline and not to the target. Remember all Double tops and Bottoms are nothing but price retuning to supply and demand zones.
ReTo Eco-Solutions, Inc., together with its subsidiaries, manufactures and distributes construction materials primarily in China. Its products include aggregates, bricks, pavers, and tiles. The company's construction materials are used for water absorption, flood control, and water retention; for gardens, roads, bridges, city squares, retaining walls, and slope...
Description: RETO is trending higher and in an uptrend meaning that highs are getting higher and lows are getting higher. The uptrend line on the chart and the Trending Band Indicator (which measures trend) supports the Long Position.
Stats:
1. Ideal buy range: $1.1 - $1.2
2. Take profit: $1.67
3. Stop Loss: $1.07
4. Risk To Reward: 1 / 4
5. Accuracy Rating: 85%
While the stock is running for the top, there has been nothing by way of press releases or SEC filings. So, what’s the deal?
- ReTo Eco-Solutions May Be an Olympic Provider. According to various social media posts, investors are awaiting an announcement surrounding involvement in the Olympic Games in Beijing. The rumor suggests that the company’s work with the...
Pupm&Dump trading strategy idea.
$RETO is rising too much today.
The demand for shares of the company looks lower than the supply.
This and other conditions can cause a fall in the share price today.
So I opened a short position from $2,50;
stop-loss — $2,65 ;
take-profit — $2,20;
Do not view this idea as a recommendation for trading or investing. It is...
So, taken a look at $RETO I decided to make a video... Now, I realize there's certain pumps that every1 likes to search for and personally, I'm still looking and searching... lol
This chart for some reason stuck out to me and the volume as well. Doesn't mean there's a guarantee action of some big pop but, it looks very interesting and I'm wondering if I should...
