boreas987

REED to test 1.6 area soon then 3 USD

Long
NASDAQ:REED   None
Very nice cup and handle formation on the chart - so clear I did not even bother to draw it:).

Promising future for the company - deals with Canada, Army bases, 1000 CVS stores across the USA, a recent report on the increase of revenue,...

Will test the 1.6 area very soon, before the Q2 results, in my opinion., If it breaks that area, the gap between 2.6 and 3 USD will probably be filled as well.

Stay safe:)


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