RIVER has surged over 40% in the past 24 hours, reaching a new all-time high once again. From the candlestick pattern, the price has effectively broken through multiple moving average resistances, with MA5 to MA120 showing a standard bullish arrangement.

Details of the technical aspect worth noting: RSI has pulled back from a high of 71 to around 66. This is not a sign of weakness; rather, it looks like a consolidation for a mid-air refueling. The current price is at 27.24. If it can hold steady, breaking above the previous high of 27.8 will be almost without significant resistance.

From a pattern perspective, the logic behind this rally is clear—the breakout after short-term moving averages converge usually indicates a continuation of momentum. The range from 27.24 to 27.8 gives a fairly clear signal from the market. Whether it can break through, the market will provide the answer.