RFP is forming flag formation with nice positive Moneyflow divergence. Looking very good as long.
You can check detailed analysis on RFP in the trading room/ Executive summary link here- youtube.com/watch?v=T2l8ndG-bzQ Time Span- 5:20" Trade Status: Pending
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Re-checked the trade & updating trade criteria.
Entry - $5.65 Target - $6.87
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January 30th- It was a strong down day, however it held above stoploss. Wait & see situation. January 27th- Showing upward momentum, Looking good as long. January 24th- Survived stoploss by small margin, not looking very good. January 20th- Sudden sharp decline, but holding to stoploss. January 19th- Consolidating around entry price, we still like as long. January 13th- Still holding to EMA lines, and showing strength. Like as long til now. January 9th- holding its flag well. Added a stop loss criteria at $5.21 January 3rd- Traded upward, hit into opening price & went up further. Looking good as long.