RAD - Is there such a thing as a safe SHORT?If there was ever a thing such as a safe short- I think it would be Rite Aid (RAD)
As shown on a monthly chart, RAD triple topped in 2015=2017 and has been in a decline
every since. It has shed 90% of its market cap in the intervening 6-8 years. Now, it is
fundamentally fighting for survival. This is because as a weaker drugstore retailer and
the rise of Walgreens, CVS and others as well as RAD's role in the opioid epidemic
( I have insider knowledge) RAD is now filing for bankruptcy protection against
claims and litigation which will vastly outstrip its liability protections. All confirmations
on the monthly chart ( high validity given the time frame) considered in context, RAD
is near to its death bed. The judge will be ing the rights of shareholders against the rights
of litigants ( which include Medicare, Medicaid and state governments). The shareholders will
loose and loose very badly. I will go short in a stock trade and take a large put option position.
There is no need to buy call options here for backside protection. The writing is on the wall.
RAD
RAD Rite Aid Bull Flag consolidation RAD recently popped in a big way and on the 2H chart is now settled in consolidation
about 67% above the prior base. That is to say, it is in a horizontal channel awaiting
further volume and direction from traders. The bias is for a bullish breakout of
continuation and momentum. Potentially RAD could rise the height of the flag pole
but this seems unlikely given the current general market. the dual RS indicator shows
support at the 50 level a good sign the retracement is over, The MACD lines are dancing
around under the histogram. I am putting this on watch. If RAD goes over the top of the
channel I will go long. If it goes under the channel I will go short. I could do both and hedge
but that is complicated and with more risk. The stop loss is outside the opposite side
of the channel. My target is a more up or down about 50% of the completed move represented
by the flagpole. I consider RAD a mem stock with a potential short squeeze in process.
Buckle up and drive safely. DYODD.
Does the RiteAid short squeeze have another leg?RAD has been flying after a long period of consolidation and wek fundamentals.
The Reddit army is marching with the RAD flag. At one point RAD sqeezed 100%
but it has falled back a bit in the profit taking. Still the retracement is shallow
so far. In the close of the trading week, in the last hours price dropped to 2.5 with
support from the anchored mean VWAP and then rose to 2.68. I believe this should be on a
watchlist if you like to trade meme stocks. TUP is now competing with RAD for meme
attention. I will get back into both of them when I find the clear and compelling opening.
I will pay attention to rising volume and rising volatility on a low time frame chart
to make that finding. Shorts may better realize their pain this upcoming week and add a
a bit to the buying pressure allowing for some synergy with new buyers.
RAD/BTC - Radicle: Resistance_Breakout_Confirmation◳◱ A Resistance Breakout and Confirmation has been detected on the NYSE:RAD / CRYPTOCAP:BTC chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are located at 0.0000775 | 0.0000954 | 0.000125, and the major support zones can be found at 0.0000479 | 0.0000362 | 0.0000066. Consider entering a trade at the current price zone of 0.0000653 and targeting higher levels.
◰◲ General info :
▣ Name: Radicle
▣ Rank: N/A
▣ Exchanges: Binance, Huobipro, Hitbtc
▣ Category/Sector: N/A
▣ Overview: Radicle project overview is currently unavailable. I'll try to update this in the upcoming analysis.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.0000653 ₿
▣ 24HVol: 2.490 ₿
▣ 24H Chng: 2.351%
▣ 7-Days Chng: N/A
▣ 1-Month Chng: N/A
▣ 3-Months Chng: N/A
◲◰ Pivot Points - Levels :
◥ Resistance: 0.0000775 | 0.0000954 | 0.000125
◢ Support: 0.0000479 | 0.0000362 | 0.0000066
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: N/A
▣ Last 90D: N/A
▣ Last 1-Y: N/A
▣ Last 3-Y: N/A
◲◰ Volatility :
▣ Last 30D: N/A
▣ Last 90D: N/A
▣ Last 1-Y: N/A
▣ Last 3-Y: N/A
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.36 - Bearish
▣ Reddit sentiment score is 0.66 - Bullish
▣ In-depth RADBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
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RAD - Lower LowsRAD is acting extremely bearishly
Printing lower lows is very bearish
This is the weekly timeframe and possibly will see a bounce at the price label
Radicle (RAD) formed bullish Cypher for upto 232% rallyHi dear friends, hope you are well and welcome to the new trade setup of Radicle (RAD) coin with US Dollar pair.
Previously we caught more than 13% pump of RAD as below:
Recently I shared a below Idea when RAD formed a bullish Cypher on a 4-hr time frame as below:
And the priceline is still moving in the buying zone, in the meanwhile, RAD has formed bullish Cypher on a daily time frame chart as well:
Therefore, I would suggest to follow targets as per the daily bullish Cypher move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
RAD: Chart Clues & Trading TacticsLet's dive into the world of RAD and decipher what's going on with its price movement. Picture yourself as a detective, solving the mystery of this chart with me. We're going to look at the key prices, support, and resistance levels while mixing all these indicators together like a colorful salad. Ready? Let's go!
First off, RAD is trading at $2.8, with a 24-hour change of -16%. That's a substantial drop, but don't worry; we've got our magnifying glass on the case. As we scan the chart, the first thing we notice is that the price is nestled between the lower Bollinger band at $2.6244 and the middle Bollinger band at $2.9297. This tells us that the price action is quite low compared to its recent volatility. In other words, RAD's in a bit of a slump, but there's potential for a rebound.
To get a clearer picture of the support and resistance levels, let's bring in the Fibonacci retracements. Our trusty 1-hour chart has given us three key levels: 0 at $2.6917, 0.5 at $4.4716, and 1 at $6.2515. We can see that the current price is just above the 0 levels, hinting at a potential support level. Now, this might not be a fortress-like support, but it's worth keeping an eye on.
Let's also take a look at the RSI, which is sitting at 35%. This indicates that RAD is somewhat oversold. Combine this with the -27% volume oscillator and the -54K OBV, and you get a sense that the selling pressure has been quite strong. However, this also means that the price might be due for a bounce back up.
As we continue our investigation, we notice that the MACD is currently at -0.13, and the stochastic oscillators are at 50. These readings imply that there's indecision in the market and that it could go either way. So, let's put on our thinking caps and use the 24-hour high and low prices to give us more context. With the high at $3.447 and the low at $2.689, we can deduce that a significant resistance level lies near the high, while the low acts as short-term support.
Finally, the hourly EMA 50 sits at $3.22, acting as an additional resistance level since the price is below it. So, to sum up, our detective work, we've identified a few key levels:
Support at the 0 Fibonacci level ($2.6917) and the 24-hour low ($2.689).
Resistance at the hourly EMA 50 ($3.22), the middle Bollinger band ($2.9297), and the 24-hour high ($3.447).
When the price reached the 1 Fibonacci retracement level at $6.2515 three days ago and got pushed down, it indicates that the level acted as a strong resistance point. This could mean that there was significant selling pressure at that level, causing the price to reverse and start a downward trend.
There could be a few reasons behind this selling pressure. Traders might have taken profits at the 1 level, or the market sentiment might have changed due to external factors like news or events. Additionally, reaching the 1 Fibonacci retracement level can be seen as a psychological resistance point, as many traders might perceive it as an area where the price could reverse.
Rad look very juicy hereYou all see what I see right?
No need for words, the chart says it all here. A third Higher high is coming...
The potential return from here to Max growth target: 350%
Remember, you always aim for lower just to be safer so I would say any around: $4.7 - $5.2
Best of luck out there in the wild wild world of Crypto
Radicle RAD price needs correction before continuing to growFor now, the entire cryptocurrency market is frozen in anticipation of the announcement of the new Fed rate to understand where to go from here.
RAD buyers decided that now is the best time to organize a +200% coin pump in 10 days.
What is interesting about the Radicle project? Share your thoughts in the comments.
After seeing the RADUSDT chart, do you have FOMO that you missed such growth and want to buy RAD?
Before making a trading decision, read a few theses from us:
the pumping has stopped at a liquidity level. Since the price did not go higher, it means that there will be a price correction.
It will be ideal if buyers manage to keep the price of RADUSDT above $2.75. In this case, you can try to buy RAD with growth prospects of up to $7
if the RADUSDT price will fix below $2.75, then at the chart shows buy levels below.
Of course, this is only if you believe in the positive prospects of the Radicle project.
_____________________
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Strong Positive Move with Key Levels of Resistance and SupportRAD is a stock that has increased by 22.89% in the past 24 hours and is currently trading at $2.235. On the daily timeframe, the stock has broken through the 0.5 Fibonacci level at $1.861 and may approach the 0.618 Fibonacci level at $1.377 if it continues to trend upward. The stock is trading close to its upper Bollinger band at $2.305 and may encounter resistance at this level. The middle Bollinger band at $1.824 may provide support if the stock begins to pull back. The RSI at 70.38 indicates that the stock may be overbought, while the stochastic oscillator at 42.25 suggests that it is starting to approach overbought territory. The EMA 50 at $1.881 may act as a key level of support on the hourly timeframe, while the 24-hour high at $2.910 and low at $1.932 may provide resistance and support levels, respectively.
Radicle (RAD) has been on a bullish runRadicle (RAD) has been on a bullish run recently, gaining the most among other assets in the past 24 hours. The current price of RAD is $2.190, which is higher than the daily timeframe 1 Fibonacci level of $2.199, indicating potential resistance at this level.
However, the RSI of RAD is currently at 64.5, suggesting that there may still be room for the asset to gain in the short term. Additionally, the daily EMA 100 of $1.826 suggests that the asset is currently in a bullish trend.
Looking at the Fibonacci levels, the 0.5 Fibonacci level of $1.788 acted as solid support for the price of RAD during the recent bullish move. If the price continues to rise, the next resistance level could be the daily timeframe upper Bollinger band at $2.154.
The daily timeframe middle Bollinger band is currently at $1.767 and could act as a potential support level if the price experiences a pullback. On the other hand, the lower Bollinger band at $1.380 could also act as a strong support level if the price falls further.
The MACD of RAD is currently at -0.037, which suggests that there is currently no strong bullish or bearish momentum in the market. However, the stochastic oscillator is at 83, above the overbought level of 80. Traders should be aware that the stochastic oscillator can remain in overbought territory for extended periods during a strong bullish trend.
Overall, RAD appears to be in a bullish trend in the short term, with potential resistance at the daily timeframe 1 Fibonacci level and the upper Bollinger band. The support levels to watch are the 0.5 Fibonacci level, the daily timeframe middle Bollinger band, and the lower Bollinger band. Traders should also keep an eye on the RSI and stochastic oscillator for potential signs of overbought or oversold conditions.
$RAD/#BTC [#Radicle]: Resistance_Breakout_Confirmation◳◱ We've detected a Resistance Breakout and Confirmation on the $RAD / $BTC chart. The price has broken above a key resistance level and has been confirmed by a strong candle, indicating a potential bullish trend. The next resistance key levels are at 0.0000905 | 0.0000941 | 0.0001031 and the major support zones are respectively at 0.0000815 | 0.0000761 | 0.0000671. We may consider entering a trade at the current price zone at 0.00009 and targetting higher levels.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.00009 ₿
▣ 24HVol: 14.591 ₿
▣ 24hChng: 4.167%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.0000905 | 0.0000941 | 0.0001031
◢ Support: 0.0000815 | 0.0000761 | 0.0000671
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.72 - Bullish
▣ Reddit sentiment score is 0.66 - Bullish
▣ In-depth RADBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
RADICLE: A POTENTIAL COIN UNDER RADAR.Radicle (RAD) is an open-source protocol enabling developers to collaborate in a peer-to-peer and decentralized manner. RAD has remained under the radar for quite some time and it has hidden potential to rally back to $5-$6 in the coming days.
For this spot trade, I would set my buy orders in two different places.
1. If RAD breaks above the resistance trendline: $1.78 to $1.98.
2. If RAD gets rejected and drops down: $1.35 to $1.55.
My stop loss will be $1.14.
Target: $5 to $6 (200%).
Note: This is a mid-term trade set up and it is a spot call. Do not consider this as financial advice. I have done my research and I am taking my own financial risk.
Trade safely.
Radicle (RAD) forming bullish Gartley for upto 18.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of Radicle (RAD) coin with US Dollar pair.
Recently we caught a nice pump of RAD:
Now on a 4-hourly time frame, RAD is about to complete a bullish Gartley move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Radicle (RAD) forming bullish Gartley for upto 29% pumpHi dear friends , hope you are well and welcome to the new trade setup of Radicle (RAD) coin.
On a 4-hr time frame, RAD has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
RADUSDT to the moon. #RAD $RAD min 100% pump is coming. I'm looking at RADUSDT daily chart. It is going to break multi-months log resistance. When it flips the mentioned trendline, it will explode in a crazy way. I expect min 1005 pump, my targets mentioned on the chart. $RAD chart looks like $MLN and $PHA chart. RSI and OBV looks strong as well. We need just breakout of the trendline with strong volume. Don't miss such kind of opportunity to make huge profits.