RDFN fintech small cap reverses higher LONG

1 thg 6

RDFN on the 15 minute chart has move up from a low pivot which included a mass index

indicator triggering. ATH was $85 so current price is 7-8% of that ATH. I will take a long trade

here. My targets are the May high pivot at $8 and the January high pivot at $10 with a stop

loss at $6 to be managed as the price moves toward 8. RDFN to a certain degree is subject to

rates and federal actions. I am convinced that when the time is ripe the Biden administration

will pressure the " independent" fed into a rate cut which should give RDFN the momentum it

needs to push toward those targets or even higher.

4 thg 6

Ghi chú

Price higher enough to raise the stop loss to above break-even. Now a risk free trade.

6 thg 6

Ghi chú

Another move higher toward the first target of 8

7 thg 6

Ghi chú

Price fell added 10% to the position.

8 thg 6

Giao dịch đang hoạt động

Trade is sideways so far. Holding and patient.