CAn RDFN ( RedFin) Maintain its Post Earnings High ?
Updated
RDFN jumped with a 30% + pop from very favorable earnings with a volume spike
Can it hold the price in the sessions of next week or will in bounce down
from the supply /resistance zone charted by the LuxAlgo indicator. What
are the probabilities? Long or short? What do you think? Is this a drop about to
drop or can the momentum catch a breath and run hard again?
Can it hold the price in the sessions of next week or will in bounce down
from the supply /resistance zone charted by the LuxAlgo indicator. What
are the probabilities? Long or short? What do you think? Is this a drop about to
drop or can the momentum catch a breath and run hard again?
Trade active
RDFN continued net upward price action although directional strength is weakening. Will hold for now and see how the new inflation report affects things.
Trade closed: stop reached
RDFN appears to be in a consolidation channel after the big jump. Will close out this trae and set alerts for volume and price to be tipped off as to any suitable price action
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