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RIVER's current market rally is intense. It surged 40% in 24 hours, not only breaking previous highs but also redefining support — the entire MA system from 5-day to 120-day is perfectly aligned upward, a classic bullish dreamy arrangement.
RSI dropped from a high of 71 to 66. Some see it as bearish, but this is actually a sign of strong consolidation. Just a mid-air boost, not a top signal.
The key point is at the 27.24 line. It’s on the inevitable path to the previous high of 27.8. If it can hold steady here and break through, there’s still room for continued momentum. Otherwise, it’s time to wait for the next opportunity. The market has no absolutes, only probabilities.