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$RE Analysis
RE has produced a strong reversal from the 0.356 bottom and is trading above both the 9 EMA and 15 EMA. Momentum favors buyers, but the rally is approaching resistance after a sharp impulsive move.
Trade Plan
Long: 0.4480–0.4580
Targets: 0.4850, 0.5100, 0.5400
Stop Loss: 0.4320