RH: Cycle completion after earnings rally?
Updated
quicklook: High probability that RH has come to the conclusion of its year-long rally. Long-term outlook on the left, short-term on the right.
Since this idea covers weeks-months, won't go too in-depth but will try to post weekly updates
Entered short position. on the pop to 575. Let's see how this goes
Since this idea covers weeks-months, won't go too in-depth but will try to post weekly updates
Entered short position. on the pop to 575. Let's see how this goes
Trade closed: stop reached
Forgot to update this one - still exploring the bearish trade for the long term but the low float here could carry RH to 2.618 fib level (~630)
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