$RIVER Looks weak here.


The rebound was strongly sold at 6.17, and it seems the big rally above 7.20 has already been wiped out of liquidity. I lean towards short-term selling as long as the price stays below 6.17.
Sell
Entry: 6.07 - 6.17
Stop Loss: 6.86
First Target: 5.56
Second Target: 5.19
Third Target: 4.64
Below 6.00, things could turn bad quickly. If buyers fail to reclaim 6.17, I expect sellers to continue pressuring the move.
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