A breather after the rally: sellers take the wheel
Rolls-Royce slips 4.4% as sellers retake control of the volume
A breather after the rally: sellers take the wheel
Our view last week
Rolls-Royce has completed our model's coverage: all 3 targets have been hit and the stop now follows the Inversion Point, in the 1,325 area. The trade, in week 11 since opening, stands at +14.77% since entry. On the technical side the weekly picture stays bullish, though with a few fatigue signals worth watching.
This week's summary
Rolls-Royce takes a breather: the fatigue signs flagged last week have shown up, with the stock slipping 4.4% and sellers retaking control of the volume (58% versus 42% on the buy side). The weekly RSI eases to 60 from 65 a week earlier, while the MACD stays positive and still rising. The trade is now in week 12, up 9.75% since entry, down from 14.8% a week ago.
IQS Phase
58
ordinary
Signal Strength
29
low · fading
Sizing
MINIMUM
Ranking
#59 / 60
EU-UK stocks in progress
Trade P&L %
+9.75%
from signal to today
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