Ideally, RDDT should regain the SMA200 (which I have extrapolated on this chart in the future) with the earnings report on 30 April. Right now the SMA200 sits around ~ $115.
Additionally, the MACD turned green on the daily timeframe.
Regaining this pricelevel would instill confidence and supporting the bulls. If not, the price could even retest the support at the ~ $80 level.
Fingers crossed.
Additionally, the MACD turned green on the daily timeframe.
Regaining this pricelevel would instill confidence and supporting the bulls. If not, the price could even retest the support at the ~ $80 level.
Fingers crossed.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.