RDNT: RadNet, Inc. 2021-04-19 06:00:00 RadNet’s Artificial Intelligence Subsidiary, DeepHealth, Announces FDA Clearance for its AI Mammography Triage Software
An intraday high potential, Back Tested Sort Analysis. We ll try to enter into the correction of the uptrend movement. DETAILS ON THE CHART NOTE: Entry range area above the entry point, is calculated upon 80% of the recorded pullback back tested past performances DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.
$RDNT Weekly: With a possible break of the neck line on a Head & Shoulder's formation, remember, analysis is about watching for the potentials and being ready to react to the variables presented to you in real time so I study, $RDNT heading back to previous Support & Resistance of 11.90 ? September 25 2017 you see resistance at 11.90 and then March 12 2018 you...
Radnet has more than doubled since April of this year. We're currently seeing a bullish flag consolidation pattern which is digesting those gains. Once we break above $11.55, we want to be long with a target of $14.50, a 25% gain.
I will be looking to enter a long position on RDNT following a breakout from the base that's been running for nearly 2 months now. Along with declining volume before the break, this also represents a fresh 52-week high on good volume, setting up perfectly.