Short sell R Comm with stop at 81: Mitesh Thacker
"...this could accelerate declines through the levels of 73-72 which were the recent swing lows the stock price had made and here short positions can be taken with a stop at about 81."
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| Updated: Mitesh Thacker, Technical Analyst, miteshthacker.com, talks to ET Now on various stocks.
What is your call on R Comm?
A sell on R Comm. It has just given a breakdown below support levels of 84-83 on intraday charts. Probably this could accelerate declines through the levels of 73-72 which were the recent swing lows the stock price had made and here short positions can be taken with a stop at about 81.
What is your call on R Comm?
A sell on R Comm. It has just given a breakdown below support levels of 84-83 on intraday charts. Probably this could accelerate declines through the levels of 73-72 which were the recent swing lows the stock price had made and here short positions can be taken with a stop at about 81.
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