RDN really has the potential to explode from here, there should be barely any selling pressure above 8c. Earlier entry was at 3c, and would target around 20c if it gets above the 12 month high.
This is similar to the setups we have been looking at but on the weekly. I think I mentioned a while back I was tracking the setup with variations and different time scales. The daily setups averaged 70-100% over a couple months, these weekly setups averaged around 500-700% over around 1 and a half years. I saw a few go on to 1500% gains... CGT discount for the year of holding would go nicely with a gain that big.
