$RYAM #Breakout #Setup
I posted about 
RYAM couple months back when it was setting up for an ascending triangle breakout. The stock completed that breakout and now seems to be setting up another breakout entry above $4.70 level. The stock tested that level multiple times in the last 2 months and has been trading in narrow range body candles right under pattern resistance on very light volume (indicating supply is drying up and potentially setting the stage for the next rally).
RYAM couple months back when it was setting up for an ascending triangle breakout. The stock completed that breakout and now seems to be setting up another breakout entry above $4.70 level. The stock tested that level multiple times in the last 2 months and has been trading in narrow range body candles right under pattern resistance on very light volume (indicating supply is drying up and potentially setting the stage for the next rally).
✔ Momentum & Breakout Trader Since 2006 | Influenced by Mark Minervini VCP Trading Style & William O'Neil CANSLIM 📈
✔ Follow me on Twitter @taplot - twitter.com/TaPlot
✔ YouTube channel youtube.com/@taplot
✔ Follow me on Twitter @taplot - twitter.com/TaPlot
✔ YouTube channel youtube.com/@taplot
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.