Rolls Royce hit an intra day of $1.35 on 3/2/21 from a high of $21.26 on 6/1/14. It had been in a downtrend since 1/8/19 with a break of $9.81.
The technical picture of RYCEY is extremely bearish and interest in the stock is brewing at current levels.
LONG TERM DOWNTREND SINCE 010819
MEDIUM TERM DOWNTREND SINCE 240619
SHORT TERM DOWNTREND 220321
PIVOT 1.69
Long positions above 1.69 to test 2.21 and 2.53
Short positions below 1.69 to test 1.50 and 1.35
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