Watch These RH Price Levels as Stock Soars on Earnings, Demand Outlook
RH(RH) Investopedia·2024-09-13 21:26
Key Takeaways RH shares jumped in premarket trading Friday after the luxury home furnishing retailer reported earnings that topped Wall Street's estimates and said it continues to see robust demand. The stock sits poised to break out above the top trendline of a symmetrical triangle, potentially paving the way for a new move higher. Investors should monitor key price levels on the RH chart at $300, $335, $400, and $430, while watching the $280 area during pullbacks. RH (RH) shares soared 20% in premarket tr ...