RDF 0.00% 95.8¢ redflex holdings limited

$1.73, page-31

  1. 10,605 Posts.
    lightbulb Created with Sketch. 26
    hate to spoil the party but... ...I've just done the RDF chart and I would say anywhere between todays close and the April high at $2.04 is the end of the run for RDF.

    Chart would appear to have plenty of confirmations suggesting the next move will be a retrace to consolidate these gains back to perhaps $1.06?

    For all those holders who have much more cheery outlooks than me - good luck - I honestly hope I am wrong. I do not currently hold but RDF is now watchlisted for a return there later this year.

    This forecast would only be made obsolete at this stage by RDF making a new high - so if your willing to miss out on 4 or 5c potential on the upside might be quite sound insurance at this stage.

    Do your own research. I am frequently wrong....lol!!
 
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