RDN raiden resources limited

I hear you and I do read all of your posts as well. I wish you...

  1. 5,965 Posts.
    lightbulb Created with Sketch. 4374
    I hear you and I do read all of your posts as well. I wish you well and I mean it. Hope something good happens here.
    .
    Because most time you spend a lot of time around research etc. I am usually a numbers person, trading patterns etc, so for fundamentals I do rely on some, and here that includes you. Reason I mentioned you was because of getting a lot of flak when I talk about trading patterns, especially if it was not looking good, and I was not holding. But there are many over here, who will just attack, not what I write, just the person, sometimes blindly.
    .
    Last year we had big nearology plays in Canada, Australia, Brazil.
    .
    So around a year back I did a few posts how this play pattern happens. I talk about Stage 1 (hope/potential/hype) and Stage 2 (reality/drill results). There is a pattern. And many can make decent coins, nearly every time playing Stage 1 - the hype. I would say 95% of time, if played right, people can make coins. Stage 2 - drill results can give big big money, but odds are very bad, under 5%. So 95% of time people may lose. That's the stats, trading patterns etc. My usual play was to play Stage 1 and not Stage 2 - moment drill is to happen, watch from sidelines. If something big happens, there may still be time.
    .
    Eg, this is from my post of 16th December 2023.I have similar other posts during that period.
    .
    Many times I have talked about Stage 1 rise (hope/potential/hype) where stocks rise between 100 to 500%. And when they reach reality, Stage 2, they fall down. Maybe RDN has gone thru that phase. Advantage for RDN is that this drop is not based on any drill result, so the door is still open to play another Stage 1 rise. Around 80 other ASX Li stocks have gone thru Stage 1, but have dropped back after facing Stage 2 (Reality, drill results). For them its very difficult. In fact, I have not seen a single stock come back after facing Stage 2 bad drill results.
    .
    And this Stage 1 rise happens in groups, because they play the same thing - potential/nearology etc. Many ASX stocks moved together last year, many Canadian stocks moved together early this year, then DLI play by VSR/ZEU/RR1/ODE etc in May this year - same period rise and drop. In this phase we have had ARV/ERW/GRE/RDN rising together in early November. All made gains between 100 to 200%. All have fallen back - RDN from 8 to 3.1, ERW from 28 to 8.6, ARV from 4.2 to 1.9, GRE from 99 to 40.5. So there is a pattern and movements usually happen in a group, both up and down. Of course individual stocks with their events/announcements/drill results etc can carve their own path. But for Stage 1 phase, they mostly go together.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
0.4¢
Change
-0.001(20.0%)
Mkt cap ! $13.80M
Open High Low Value Volume
0.5¢ 0.5¢ 0.4¢ $102.6K 21.80M

Buyers (Bids)

No. Vol. Price($)
50 37942227 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 3127553 4
View Market Depth
Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
RDN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.