Stock_Holiday86

Red Violet Correction imminent

Short
NASDAQ:RDVT   Red Violet, Inc
Great run for the debut of this stock but bulls are losing steam. A healthy correction appears to be just around the corner. The chart shows the current price in the resistance zone with important Lower levels of support.
Comment: The first support line represents the middle of a zone between $11 and $13.50
Comment: Almost at the top of this resistance zone in the mid $19.00 range. I believe we will see the rejection up there.

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