RDN potential breakout of weekly s/r
Profit-taking ahead of eps report.
Shares of insurance group Radian have a lid on them in the 12.40 to 12.55 range. But pressure is building with positive volume balance and pattern.
Notes on chart. Radian has been somewhat beleaguered until recently. Now it's heading higher on loose monetary policy statement. With some volume this week, could go much higher. Target 20.00 in 3 months.