Its a moonshot chart
1.2c to 3.5c in 2 weeks, a 3 x MBer
August 2020 same thing happened 1c to 4.5c then CRASH to 2c then 1c again over time.
The question is how high will this current moonshot go and will it CRASH again like last time
and its a Li play like others where LiP is expected to CRASH the next year after big gains last 2 years.
And they have no mine or mill as yet so mass capex and dilution awaits with such explorers.
Daily chart shows continued rises
So P&D BULLS target looks to be around 4.5c retrace high 2020 again then dump again like last time imho.
But may peter out earlier or later we will soon see
Watch the bearish chart signals such as very high or very low volume, MACDS RSIs Stoch reversing & daily chart
Watch for bearish red or doji candles and the dreaded HANGMAN CANDLE with long tail that signals an end to the moonshot.
P&D alert monitor on.
RDN Price at posting:
3.5¢ Sentiment: None Disclosure: Not Held
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