Jul. 16 at 1:32 PM
$RH
Breakout move is playing out.
Since clearing the key breakout level,
$RH has pushed approximately +20% as buyers continue to step in and momentum builds.
This is a good example of why waiting for confirmation matters. A clean breakout with follow-through can signal that demand has shifted back in favor of the bulls.
Now the focus is whether
$RH can hold the breakout zone and continue building on this strength, or if traders start taking profits after the strong move.
