ROLLS-ROYCE HOLDINGS PLC

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*safe investment opportunity - low risk*

Each candle on the above chart represents 6-months of price action. You can be sure not many people are studying this time frame.

A new candle was printed at the close of 2020 following an astonishing 80% correction since mid-2014. We can see previous price action resistance from dot.com bubble is now winning strong support during the ‘everything bubble’ resulting in the printing of a Dragonfly DOJI candle. Cleary buyers were keen to get exposure to this oversold stock.

An ‘incredible buy’ opportunity is now indicated on the 10-day chart below following an oversold condition (orange column). Price action currently finds support in the bullish half of the Bollinger Band as volume increases.

A buy from 66-100p is amazing if you can get it.

ảnh chụp nhanh
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Disappointing news for the bears among us I'm afraid, 22% return under 40 days.

The DOJI on the top chart was recently confirmed. We can now start looking at targets.

1st target: 206p
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Ghi chú
40% return in only 200 days. Not bad. That will become 100% if you’re patient.

From the 10-day chart below price action has broken out of a symmetrical triangle formation, confirmed support, and now has a new target of 190.

ảnh chụp nhanh
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Price action breaks through local resistance. A move to next target is highly probable. No I don't know when.

ảnh chụp nhanh
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A higher low prints on the golden pocket following a strong buy signal. Stay long..

ảnh chụp nhanh
Ghi chú
125% return so far, which is not bad considering the last two years.

Currently price action is overbought however there is no requirement for any action. Upwards and onwards.
Ghi chú
200%, best performance since 2009.
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An astonishing 400% return since publication in early 2021.
Time to collect the winnings and exit, for something most unfortunate is about to happen to this business.

Ww
Candlestick AnalysisOscillatorsSupport and Resistance

BTC
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Allow 3-6 months on ideas. Not investment advice. DYOR
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