SamSuka
The Long Investor
The Long Investor

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$RDFN - RC -

Some might see this and be troubled by the aggressive pull back since the highs at $18....but I am seeing a structured count. The impulse 5 waves up are valid and the ABC correction, although not easy on the eyes, it is also valid.

Holding the 200 Day MA now too at $8.55.

The important thing now to see is this holding support, ideally here is the perfect place at the 0.618 Fib, alternatively it can come down to the 0.78 Fib at $6.19....any lower than this and it is showing weakness.

$RDFN - RC -

Comments

It held the 200 MA, on the Daily Chart, this whole week. Fingers crossed that it starts moving upward.🤞🏻

Paul Endy

Thank you, Gar👍🏻

Paul Endy


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