After several strong days of trading $RDC rejected its 0.618 fib initially, and has just failed to push it through it again. This area also coincides with the 200 day simple moving average (SMA), as well as a trend line level. Finally, the RSI is overbought, suggesting that a counter trend trade may be viable. The confluence of these factors make $RDC a desirable short entry for those interested in watching the longer term down trend develop.