$RDNT Weekly: With a possible break of the neck line on a Head & Shoulder's formation, remember, analysis is about watching for the potentials and being ready to react to the variables presented to you in real time so I study, $RDNT heading back to previous Support & Resistance of 11.90 ? September 25 2017 you see resistance at 11.90 and then March 12 2018 you have a breakout above 11.90 for the start of a Bullish Trend. Last earnings had a surprise of -0.02 If $RDNT holds above the 50 (tema) a continuation of the trend may occur. 11.90 may be tested.
Commentaire:
More of a Triple Top than a Head & Shoulders formation.