RAD $RAD Rite Aid Descending Wedge
Updated
Massive Descending Wedge in development since September 2022. First time I come across an 8 month pattern of this sort.
Appears to be breaking out from the wedge here. Beaten down as many things have for well over 1.5 years now. Still searching for a CEO, however when they do fill the position it will be a boost to the stock price. Targeting $5 on a "textbook" measuring formula
Appears to be breaking out from the wedge here. Beaten down as many things have for well over 1.5 years now. Still searching for a CEO, however when they do fill the position it will be a boost to the stock price. Targeting $5 on a "textbook" measuring formula
Note
Still waiting for a new CEO, this will not move without any news
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