broke trendline dating back to march 16th 2018, now testing trendline dating back to january 18 . Lets see what happens , if it breaks this trendline ill be watching for a long trade ,, maybe get in at 68c we will see
been pounding this resistance for awhile now the freshness is almost all gone , ready to blast off if we get some volume tomorrow. Stoch nice and reset and RSI is sitting strong at 56, looking for a final wave here then retrace .... Targets posted
Extraction company in Alberta, Canada focused on Cannabis extraction using their patented microwave extraction technique. Facility is operational, have dealer license from Health Canada. Waiting for the approval of their sales license. Huge potential IMO.
1. Bullish hammer at lower bollinger band on 02/02/2018
2. Higher lows the following days.
3. Price closed strongly on 04/02/2018
4. Stochastic turning upwards from a near oversold zone
I identify this as a reversal point for RTI.
I expect it to at least reach $1.7 in the next few days possibly climb up to $1.85-2 level by next week.
Just want to watch this stock, Radient Technologies invented a new cannabinoid extraction technique using their patented "MAP" technology. First rounds of testing went great as announced on May 15.
Big news announcement coming on May 31 about feasibility and scaleability. Expecting the news to launch this stock some more.
Good Luck! Trade Well!