Technicals | Apr 27 2021
This story features RELIANCE WORLDWIDE CORPORATION LIMITED. For more info SHARE ANALYSIS: RWC
By Michael Gable
In this week's research, we have analysed Reliance Worldwide Corporation ((RWC)), which is a stock to keep an eye on.
RWC is hitting some obvious resistance here near $5. A break above $5 would be a positive, but investors need to be mindful of the fact that this resistance could lead to lower levels in the short-term. Finding support back near $4 would be a preferable entry point.
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Michael is RG146 Accredited and holds the following formal qualifications:
• Bachelor of Engineering, Hons. (University of Sydney)
• Bachelor of Commerce (University of Sydney)
• Diploma of Mortgage Lending (Finsia)
• Diploma of Financial Services [Financial Planning] (Finsia)
• Completion of ASX Accredited Derivatives Adviser Levels 1 & 2
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For more info SHARE ANALYSIS: RWC - RELIANCE WORLDWIDE CORPORATION LIMITED