After a strong run up early 2021, RSR has been seeing some consolidation. In the last two days RSR has shot up again and is starting a new bullish trend upward. Today marked the day that it pierced through the wedge pattern, signaling a new parabolic move upward.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on round numbers, $0.07 and $0.09 respectively. Do your own due diligence.
Happy trading!
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