ASX small-cap lithium play: Raiden Resources (ticker: RDN)
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.
hotcopper.com.au
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.
RDN trade ideas
ASX Top 10 Momentum Stocks: 12 Sept 2023 - Finer Market PointsXETR:4DS NYSE:RDN ASX:WC8 ASX:LDX LSE:ARV SET:STP NASDAQ:BVS ASX:OAU FWB:AD8 ASX:EOL
Momentum leading shares are the market's best performers today. They are the fastest-growing shares on the ASX over the last 90 days. These companies can't get to be leaders without first appearing on our Launch Pad list.
The Launch Pad List is published weekly through our Friday video on our YT channel.
Today's ASX's Top 10 Quarterly Momentum Stocks are:
4Ds Memory Limited (4DS): 4Ds Memory Limited specializes in developing Interface Switching ReRAM (resistive random-access memory) technology, targeting the semiconductor industry.
Raiden Resources Limited (RDN): Raiden Resources Ltd is a resource exploration and development company, with a focus on precious and base metals in Europe. They are Ni Cu PGE miners in the WA Pilbara region and also involved in Copper-gold exploration in Serbia and Bulgaria.
Wildcat Resources Limited (WC8): Wildcat Resources is a WA and NSW gold explorer with exposure to lithium, caesium, tantalum, nickel, and copper as well.
Lumos Diagnostics Holdings Limited (LDX): Lumos Diagnostics engages in the development and manufacture of point-of-care (POC) diagnostics solutions to help healthcare professionals more accurately diagnose and manage medical conditions.
Artemis Resources Limited (ARV): Artemis Resources Ltd is involved in mineral exploration and development with a focus on gold, base metals, and strategic minerals projects in Western Australia.
Step One Clothing Limited (STP): Step One Clothing Ltd runs the direct-to-consumer online retailer for underwear.
Bravura Solutions Limited (BVS): Bravura Solution Limited provides software solutions for the wealth management, life insurance, and transfer agency industries.
Ora Gold Limited (OAU): Ora Gold Limited holds tenements in the Murchison Gold Fields of WA.
Audinate Group Limited (AD8): Audinate Group Limited is a digital audio-visual networking technologies company, known for its Dante media networking solution.
Energy One Limited (EOL): Energy One Limited is a software solutions provider for the energy industry, specializing in energy trading and risk management software.
ASX Top 10 Momentum Stocks: 7 Sept 2023 - Finer Market PointsASX:4DS ASX:RDN ASX:WC8 ASX:LDX LSE:ARV NASDAQ:BVS NASDAQ:EML ASX:AW1 ASX:BOT NASDAQ:PGY
Momentum leading shares are the market's best performers today. They are the fastest-growing shares on the ASX over the last 90 days. These companies can't get to be leaders without first appearing on our Launch Pad list.
The Launch Pad List is published weekly through our Friday video on our YT channel.
Today's ASX's Top 10 Quarterly Momentum Stocks are:
4Ds Memory Ltd (4DS): 4Ds Memory Limited specializes in developing Interface Switching ReRAM (resistive random-access memory) technology, targeting the semiconductor industry.
Raiden Resources Ltd (RDN): Raiden Resources Ltd is a resource exploration and development company, with a focus on precious and base metals in Europe. They are Ni Cu PGE miners in the WA Pilbara region and also involved in Copper-gold exploration in Serbia and Bulgaria.
Wildcat Resources (WC8): Wildcat Resources is a WA and NSW gold explorer with exposure to lithium, caesium, tantalum, nickel, and copper as well.
Lumos Diagnostics Holdings Ltd (LDX): Lumos Diagnostics engages in the development and manufacture of point-of-care (POC) diagnostics solutions to help healthcare professionals more accurately diagnose and manage medical conditions.
Artemis Resources Ltd (ARV): Artemis Resources Ltd is involved in mineral exploration and development with a focus on gold, base metals, and strategic minerals projects in Western Australia.
Bravura Solutions Ltd (BVS): Bravura Solution Limited provides software solutions for the wealth management, life insurance, and transfer agency industries.
EML Payments Ltd (EML): EML Payments Limited is a company in the payments industry, offering prepaid and gift card solutions, as well as digital banking and mobile payment services.
American West Metals Ltd (AW1): American West Metals Limited is a copper-focused miner in North America. They have the Storm Copper Project in Nunavut, Canada, and the zinc-copper-indium deposit at West Desert and Copper Warrior Project in Utah, USA.
Botanix Pharmaceuticals Ltd (BOT): Botanix Pharmaceuticals Ltd is a medical dermatology company, engaged in the development of cannabinoid-based products for the treatment of skin diseases.
Pilot Energy Ltd (PGY): Pilot Energy Limited is leveraging its existing oil and gas assets along with established infrastructure to develop competitive clean energy projects such as clean ammonia starting in 2027, all associated with green and blue hydrogen production.
ASX Top 10 Momentum Stocks: 4 Sep 2023 - Finer Market PointsXETR:4DS NYSE:RDN FWB:CVB ASX:WC8 ASX:LDX LSE:ARV SET:STP NASDAQ:BVS ASX:OAU FWB:AD8
Momentum leading shares are the market's best performers today. They are the fastest-growing shares on the ASX over the last 90 days. These companies can't get to be leaders without first appearing on our Launch Pad list.
The Launch Pad List is published weekly through our Friday video on our YT channel.
Today's ASX's Top 10 Quarterly Momentum Stocks are:
4Ds Memory Ltd (4DS): 4Ds Memory Limited specializes in developing Interface Switching ReRAM (resistive random-access memory) technology, targeting the semiconductor industry.
Raiden Resources Ltd (RDN): Raiden Resources Ltd is a resource exploration and development company, with a focus on precious and base metals in Europe. They are Ni Cu PGE miners in the WA Pilbara region and also involved in Copper-gold exploration in Serbia and Bulgaria.
Curvebeam Ai Ltd (CVB): Curvebeam Ai Limited is a company working in the field of artificial intelligence, focusing on developing cutting-edge solutions for various applications.
Wildcat Resources (WC8): Wildcat Resources is a WA and NSW gold explorer with exposure to lithium, caesium, tantalum, nickel, and copper as well.
Lumos Diagnostics (LDX): Lumos Diagnostics engages in the development and manufacture of point-of-care (POC) diagnostics solutions to help healthcare professionals more accurately diagnose and manage medical conditions.
Artemis Resources Ltd (ARV): Artemis Resources Ltd is involved in mineral exploration and development with a focus on gold, base metals, and strategic minerals projects in Western Australia.
Step One Limited (STP): Step One Limited runs the direct-to-consumer online retailer for underwear.
Bravura Solution Ltd (BVS): Bravura Solution Limited provides software solutions for the wealth management, life insurance, and transfer agency industries.
Ora Gold Limited (OAU): Ora Gold Limited holds tenements in the Murchison Gold Fields of WA.
Audinate Group Ltd (AD8): Audinate Group Limited is involved in the development of professional audio-visual networking solutions.
ASX Top 10 Momentum Stocks: 24 August 2023 - Finer Market PointsASX:4DS NYSE:RDN ASX:LDX ASX:WC8 ASX:RDM LSE:ARV ASX:LLI ASX:OAU ASX:CAV ASX:BOT
Momentum leading shares are the market's best performers today. They are the fastest-growing shares on the ASX over the last 90 days. These companies can't get to be leaders without first appearing on our Launch Pad list.
The Launch Pad List is published weekly through our Friday video on our YT channel.
Today's ASX's Top 10 Quarterly Momentum Stocks are:
4Ds Memory Ltd (4DS): 4Ds Memory Limited specializes in developing Interface Switching ReRAM (resistive random-access memory) technology, targeting the semiconductor industry.
Raiden Resources Ltd (RDN): Raiden Resources Ltd is a resource exploration and development company, with a focus on precious and base metals in Europe. They are Ni Cu PGE miners in WA Pilbara region and also involved in Copper-gold exploration in Serbia and Bulgaria.
Lumos Diagnostics (LDX): Lumos Diagnostics engages in the development and manufacture of point-of-care (POC) diagnostics solutions to help healthcare professionals more accurately diagnose and manage medical conditions.
Wildcat Resources (WC8): Wildcat Resources is a WA and NSW gold explorer with exposure to lithium, caesium, tantalum, nickel, and copper as well.
Red Metal Limited (RDM): Red Metal Limited is a minerals exploration company focused on copper-gold discoveries in Queensland, Australia.
Artemis Resources (ARV): Artemis Resources is a resource development company that explores and develops gold, copper, and platinum projects in Western Australia.
Loyal Lithium Ltd (LLI): Loyal Lithium Ltd is a battery metals miner with a controlling stake in the Hidden Lake Lithium Project in Yellowknife, Northern Territories of Canada, through a joint venture with Patriot Battery Metals, also listed on the ASX.
Ora Gold Limited (OAU):
Carnavale Resources (CAV):
Botanix Pharmaceuticals Ltd (BOT): Botanix Pharmaceuticals Ltd is a medical dermatology company, engaged in the development of cannabinoid-based products for the treatment of skin diseases.
Possible Long Position RDN!!ASX:RDN
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
SMP Strategy
Market Direction: Long Position
Chart time frame - Daily
Timeframe - 30 days
A – Activating Event
Market will meet support in zone @ current levels - ... . In order to enter into this trade, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market will move towards the first Target 1 level @ 0.046
C - Fundamentals that may affect the pair
N/A
D - Trade Management
Entered @ .....
Stop Loss @ .....
Trailing Stop Loss@.....
Target 1 @ 0.046
Target 2 @ ....
Risk/Reward @ 1.7.5
Happy trading :)
Follow your Trading plan, Remain disciplined and Keep learning !!
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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Raiden to regain Daily Uptrend?Raiden Resources Limited (ASX:RDN) is an ASX copper-gold exploration company focused on discovering large scale mineral deposits in the world class Tethyan region of Eastern Europe. Raiden operates in low cost and mining friendly jurisdiction’s which remain underexplored, seeking to systematically apply modern exploration techniques to discover Tier 1 projects.
Outlook:
- Daily Support currently Holding after recent trend break, area of interest is at Daily Resistance and Retest of Daily Uptrend. I think the only thing that help price regain trend will be Good Drilling results. Also note the Daily GAP is unfilled just below current price. If price was to regain trend, my target would be previous high from October. If support break then GAP fill is likely.
Watching.
"DISCLAIMER: NO ADVICE. The information presented here is general in nature and is for education purposes only. Nothing should be considered to be advice. You should consult with an appropriate professional for specific advice tailored to your situation."
Raiden Recourses looking BULLISHRaiden Resources Limited (ASX:RDN) is an ASX copper-gold exploration company focused on discovering large scale mineral deposits in the world class Tethyan region of Eastern Europe. Raiden operates in low cost and mining friendly jurisdiction’s which remain underexplored, seeking to systematically apply modern exploration techniques to discover Tier 1 projects.
Bullish Outlook:
- Falling Wedge Continuation Pattern
- Bullish Break of Downtrend Trendline
- Fractal and TB Fib Extension Targets Aligning
- Volume returning
- Fundamental News as Exploration Begins 09/12
Bearish notes:
- Unclosed GAP 0.023-0.025
"DISCLAIMER: NO ADVICE. The information presented here is general in nature and is for education purposes only. Nothing should be considered to be advice. You should consult with an appropriate professional for specific advice tailored to your situation."