RDDT is looking at a potential comeback after the stock managed to stay intact within the uptrend line of more than a year (started since April 2024). Inverted head and shoulder was spotted at the support and is looking at a potential breakout to the upside! Both 23-period ROC and mid-term stochastic oscillators are showing signs of oversold, which increase the chance of breaking above.
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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.