Reserve Rights (RSR) — Bullish VMA Flip — Another 30% Move Incoming?
RSR is about to print another bullish VMA flip on the daily chart. This could be the start of the next leg up.
Here's What You Need To Know
- RSR has been trading in a solid uptrend since August.
- During that time, the VMA trend has flipped bullish two times.
- Both signals led to a trade potential of 30%.
- Right now, the VMA is about to flip bullish again.
However, waiting for the daily candle close confirmation is important before jumping into a trade!