Short RL! Very bearish!!!!

[YoungOne]

I see very bearish scenario presenting here in the RL hourly. I suggest you all short with a lot of size. Target is big $.

 

[kidPWRtrader]

I can still see some price on that chart. I suggest you cover it with some more indicators.

 

[sculptor66]

Priceless.

 

[traderTX]

I need one more confirming indicator before I'll do it....9 just isn't enough

 

[wave]

Good eyes YoungOne.

Nice short candidate. I would hold it to 40.

 

[inks2002]

would wait for a breakdown of the rising wedge before I hold that long (to 40), been in a nice upward channel. Once it breaks that wedge I would be cautious and possibly add more to the short in the break and retest of the channel. Would cover around 45-50 as that looks like possibly new support. Plus 50 is around the 61.8 retracement (if you use that)

edit: nice find but really can't tell how you found that from all those lines...