Jan. 30 at 2:36 AM
$RS is looking solid as steel! 🏗️📈
Currently trading at
$332.29 and holding 16 years of dividend growth. No cap, the "Hold/Accumulate" vibes are real here. While the LIFO income dip is making some bears nervous, the 14% one-year return and long-term buy signals are keeping the bulls in the driver's seat.
🐂 Bulls: Eyeing that
$357 high-end target. Just need to clear
$336.55 to keep the engine hot.
🐻 Bears: Watching for a breakdown under
$313.24 to end the run.
Key levels to confirm:
✅ Over
$336.55 to confirm the next leg up
❌ Below
$313.24 and the "accumulation" is officially cooked
#hovdid
$RS #RelianceInc #Steel #DividendGrowth #Trading