Long
RCN ready for the real big move
Last month was only the beginning for RCN, a powerful technical reversal pattern in play, filled with extreme volume and one of the best performs among the sector. The recent consolidation was as mild as it gets, given the adverse market conditions (ultra-bullish).
Now RCN is on the rise again, testing the recent highs, volume is picking up again and I'm expecting a confirmed breakout anytime soon, the target is a generous leg of 3X ++ current price, risk-reward ration is ridiculously low, a no-brainer tech play backed by fundamentals (stay tuned for new developments and watch the sector, it's not just a RCN thing... LEND is also talking)
Now RCN is on the rise again, testing the recent highs, volume is picking up again and I'm expecting a confirmed breakout anytime soon, the target is a generous leg of 3X ++ current price, risk-reward ration is ridiculously low, a no-brainer tech play backed by fundamentals (stay tuned for new developments and watch the sector, it's not just a RCN thing... LEND is also talking)
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