ASX small-cap lithium play: Raiden Resources (ticker: RDN)
Updated
Raiden Resources RDN was pumped and dumped in 2023 on very promising spodumene (high quality lithium). The stock cooled as 2023 proceeded forwards, but on February 8 2024, there was a bullish MACD cross and as Australian institutions have returned to RDN this week its' MACD line has now crossed bullishly through the key zero line.
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If you would like to trade RDN, I know that broker Pepperstone have an RDN CFD. I have no affiliation with Pepperstone only as a trader who gives them way too much brokerage.
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RAIDEN RESOURCES is a nearology play close to AZURE MINERALS which has a share price that has surpassed $3.40. It is thought that Raiden's spodumene could be as high quality and in similar volumes to Azure's. Time will tell. * None of this is to be taken as investment advice. DYR please.
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