NYSE:RDN NYSE:RDN PLAY To trade RDN (hypothetical stock), you can apply basic rules of Technical Analysis. For example, if RDN is testing support, it may signal a buying opportunity with the target set at resistance. Conversely, if resistance is tested, it could indicate a potential short-selling opportunity with the target set at support. In both cases,...
1. Price at resistance level 2. RSI:- SMA and RSI line crossed over (sign to reversal) 3. Window gap has to be filled. Still do your own research!!!
Previously an Ascending scallop showed a tremendous breakdown after reaching its critical point Currently price is behaving in a similar fashion, from this I can infer another breakdown is brewing
RDN: Radian Group Inc. 2021-08-11 18:22:00 Radian Declares Regular Quarterly Dividend on Common Stock and Expands Share Repurchase Authorization
Radian Group (RDN) is sitting right on a support line that was established on a daily chart . This price level was resistance in June, resistance again in early and mid November, and held as support for three days last week. Radian has been in an up trend recently. We saw some dark pool activity in this area, as well as some options flow. The options flow wasn't...
Radian $RDN nice looking Financial setup
RDN: Radian Group Inc. 2018-08-16 06:30:00 Radian Declares Regular Quarterly Dividend on Common Stock and Approves New Share Repurchase Authorization
Long RDN at 15.50 for channel bounce looking for it to close the gap up to 19.
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.
This is a very good bullish pattern the price has break high. LONG on break 15.30 target 15.50, 16.00