Trading pattern looks very similar to LRS pre-PLS offer Sold down day after day relentlessly for months and wore down a lot of long term holders - really played to people’s emotions and psyche LRS was sold down from 28ish to 11.5 and then the ann from PLS at effective value of 20c - the price action leading up to the PLS ann surely could not have coincidence How many times during the day with RDN has there been ‘gaps’ ie all the 2.4’s sold thereby leaving 2.3 - 2.5 spread making it easy to sell a few at 2.3 and psyche out more holders feeling demoralized Difference between LRS and RDN forum is that RDN is in a frenzy - never seen anything like it Ultimately the results will make or break - personally I subscribe to the ‘first 5 hole positivity theory’ and for my 2c, the price action ie constant push down ‘looks sus’ Good luck all and maybe a few should step back for a moment before they slag off ie I wonder if people would speak face to face the way they do on forums behind a screen as there is a lot of poor form of late Anyone that likes Tool (and not tools) would appreciate the lyrics of Right in Two and the way a few pork chops are carrying on GL
RDN Price at posting:
2.3¢ Sentiment: Hold Disclosure: Held
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