Long entry on RKDA
The stock broke out on more than 20 times its average daily volume, but ran out of steam.
Shares pulled back to find buyers where we would expect, here at the high-volume area.
Investors may consider a long entry here with a tight stop, anticipating a re-test and possible break of the previous highs near $6.50.
Shares pulled back to find buyers where we would expect, here at the high-volume area.
Investors may consider a long entry here with a tight stop, anticipating a re-test and possible break of the previous highs near $6.50.
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