RRL 1.945 is getting close to the 200% trading range expansion above the basing consolidation so is a big risk of pulling back severely at about 1.98 cents.
Look for shares that are just breaking or about to break out of a consolidation and they should go up twice the height of the consolidation they broke or about to break out of. If the consolidation they are breaking out of is at a daily, weekly or Monthly low then even better. Last Monday morning was when RRL was good buying when it was at or near the low of the previous week
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Day traders' weekend lounge December 1 - 3, page-77
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