Ken: I think it will test, but not to touch, the 200dMA. Maybe $5.25 or so....... anything near that or even the 200dMA and I will be buying shares.
I fully expect the 200dMA to hold, and as I said, not even touch it.
My quess is $5.25 will be the low, the high $5.75
In this market, IMO, Charts are not showing the dynamics of this election market.....not to mention the many other factors mixed in.
Strong Nasdaq and we might hold $6 with a high around $6.25.
Bad market, and we might touch that 200dMA.
If RDRT holds strong Monday/Tuesday, we might see some short sell covering to help the stock UP.
Agree the stock will need to hold this range, $5.00 to $6.00 for a little while before starting the next major move up.
Again, News and Election market can do some wild things to the stock, that the charts do not really show. IMO
How about this one?
207.61.23.98
Do you think the converstion had anything to do with the after market friday? See the apx. 425,000 shares?
Panic short selling and panic selling? If so, we could have another strong rally if the stock holds close to Fridays gains.
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