Nov. 13 at 2:30 AM
$RDNT is currently trading at
$78.5, showing a neutral market context with an RSI of 44.49, indicating that the stock is neither overbought nor oversold. The price is above the 30-day moving average (MA30) of
$77.82 and significantly above the 50-day moving average (MA50) of
$76.42, suggesting a bullish short-term trend. However, the RSI indicates potential weakness, as it is below the neutral level of 50.
Given the 60-day high of
$84.71 and low of
$66.24, the stock has room to move upward but is currently closer to the lower end of this range.
Suggested entry is at
$79.00, with a stop loss set at
$76.50 to manage risk. Target 1 is
$82.00, aligning with resistance near the recent highs, and Target 2 is
$84.00, near the 60-day high.
Monitor for any changes in RSI and price action for adjustments.
https://privateprofiteers.com
