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Master_of_Fine_Charts
Jul 27, 2022 12:50 PM

RCAT Break Out Long

Red Cat Holdings, Inc.NASDAQ

Description

Most recent candle broke outside of the wedge with relatively high volume and closed above the 200 MA for the first time since March.

Price also closed above the .78 fib level. The ADX is displaying a strong trend and DI+ rising is bullish.


Targets: 2.45, 2.60, 2.92 (possible resistance)
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