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Analysis: #NYSE $RAD
Case 206 #RiteAid Corporation
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
#RAD 1/4
Case 206 #RiteAid Corporation
DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.
#RAD 1/4
Chart 1
Weekly Chart: A solid base has formed at the 2009 and 2019 lows at 4.00 and 5.04 respectively and price has pushed up against #pivot resistance at 17.20, now expecting a break above #trendline resistance at 21.65. Minor #resistance seen .....
RAD 2/4
Weekly Chart: A solid base has formed at the 2009 and 2019 lows at 4.00 and 5.04 respectively and price has pushed up against #pivot resistance at 17.20, now expecting a break above #trendline resistance at 21.65. Minor #resistance seen .....
RAD 2/4
..... at 24.00 - 27.40 a close above the latter targets 46.00. Immediate #support seen at 11.58 then 9.92/65 pivot and trendline support and further down 7.58 - 6.59.
RAD 3/4
RAD 3/4
