$RCI

 

Analysis:

A/D - The price is static at the floor and at the same time A/D seems stable at the high. Does this suggest an existence of an ongoing accumulation?

PEI - Static too

RSI - Very weak @ 37.88

MACD - Also static

As for relevant information from public disclosure: 

• RCI signed a put option agreement for a maximum commitment of 800M as a fund-raising option.
• Restructuring existing loan agreements totaling 2.9B to provide stability and working capital for operation.
• Quarantine facilities.
• Coconut subsidiary achieved double digit revenue for the 3rd straight year.
• In organizational or leadership transition.