Oh my god.... What a start today for RAD.
Super jump and it has now to stay above 2,20$ and close over that number to officially call this 'the real rally' in RAD shares.
Could this be a trader trap ? Still a possibility but with actual volume, it looks more like a short covering process as in the past week it had increased substantially.
If it was to achieve 2,29$ with huge volume forecasted for the day, we could even think of a short squeeze if a great new was to be published.
Keep an eye on it and remember that it has never been a bad idea to get some profit off the table.
Super jump and it has now to stay above 2,20$ and close over that number to officially call this 'the real rally' in RAD shares.
Could this be a trader trap ? Still a possibility but with actual volume, it looks more like a short covering process as in the past week it had increased substantially.
If it was to achieve 2,29$ with huge volume forecasted for the day, we could even think of a short squeeze if a great new was to be published.
Keep an eye on it and remember that it has never been a bad idea to get some profit off the table.
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