TSX-V:RDU - TSX Venture Exchange - CA7504681007 - Common Stock - Currency: CAD
Overall RDU gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, RDU is showing a nice and steady performance.
Besides having an excellent technical rating, RDU also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 0.14, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for RDU in the last couple of days, which is a good sign.
0.07
We found 5 important support areas.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
0.16 | 0.13 | 0.03 (18.75%) | 5.33% |
An entry @0.16. This is a Buy Stop order right above the 10 day high. | An exit @0.13. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.03 points, which is 18.75%. | When investing 5.33% of your capital in this trade, your total portfolio risk will be 1.00%. |
TSX-V:RDU (3/7/2025, 7:00:00 PM)
0.15
+0.01 (+7.14%)