Nov. 11 at 2:37 PM
Ryde Group Poised for Breakout as Accumulation Builds Near Key Support Zone
Ryde Group Ltd. (NYSE: RYDE) is currently showing encouraging signs of stabilization after a recent correction. The stock has found short-term support around
$0.44, a level that has been tested multiple times since early November, suggesting firm buying interest at this zone. On the upside, resistance is observed near
$0.53, coinciding with the 20-day moving average, which, once breached, could open the path toward the next psychological level at
$0.60.
Full view: https://medium.com/@hockmeng200/ryde-group-poised-for-breakout-as-accumulation-builds-near-key-support-zone-1e96c178f819