Rocky Brands was in a nice upward channel since after 2008 financial crisis.
It has recently broke the lower bound of the trend line, but formed a bullish BAT. However, in terms of time, it still need to retest the bottom of $10 or consolidates for a while. The bull should be back closer to Nov 2016.
Upside potential should be the lower bound of the upward trendline. which should be around $18.
Let's be patient for this stock to expect for 80% upside.
It has recently broke the lower bound of the trend line, but formed a bullish BAT. However, in terms of time, it still need to retest the bottom of $10 or consolidates for a while. The bull should be back closer to Nov 2016.
Upside potential should be the lower bound of the upward trendline. which should be around $18.
Let's be patient for this stock to expect for 80% upside.
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.