Great opportunity here . With the current market uncertainty I am trying to better position to accommodate market downturn . Low beta undervalued stocks are one of the ways I will be doing this.
-Low beta , less volatility.
-Profitable company ,
-At a nice support bounce area
-Nice margins
-Insiders buying recently abouve current price
-RSI 26.67,...
Hello Traders!
The bearish triangle of RGCO is about to reach its end and we can expect the price to break out bullishly in the short term, as it did in the past. The MACD is about to cross over the 9 EMA and the RSI is far away from overbought. I expect the price to rise to and be rejected by the 50 SMA at around 24, which is the goal. The buy signal is the price...