Lower Highs, Lower Lows:

RKFORGE

Stuck in a Downtrend

continues to trade under persistent selling pressure, marked by a clear sequence of lower highs and lower lows on the daily chart. The stock has failed to sustain any meaningful pullback, indicating weak demand and strong overhead supply at every bounce. As long as prices remain below the key resistance zone of 560–580, the broader structure stays bearish, with risks of further downside if recent support near 500 is decisively broken.