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Author Topic: RADN
Bartle
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I'm starting to like the looks of RADN.

It's a little high priced for what I usually trade but the risk factor looks fairly low to me.

I want to see what happens at the open on Monday (obviously!) but my 2-3 day plan for this stock would be in the $13.25 area.

Support is a ways below, at $11.04 and there is some pretty close resistance at $11.81 but it looks like weak resistance to me. The resistance at $13.33 looks much more real and I wouldn't plan on challenging it.

Let me know what you think.


Posts: 26 | From: USA | Registered: Jun 2003  |  IP: Logged | Report this post to a Moderator
ozzy33
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Wow the P/E is over 85!! I would keep away for long term
Posts: 40 | Registered: Jan 2004  |  IP: Logged | Report this post to a Moderator
Bartle
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Yeah, you wouldn't want this for the long haul.

Anyway, I still believe. I'm in at $11.10 and waiting for the bounce!


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Bartle
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Argh! I don't believe any more! Ouch! I really took it in the chops on this one!

Nothing like public embarrassment to really bring home a stock-trading lesson! hahah


Posts: 26 | From: USA | Registered: Jun 2003  |  IP: Logged | Report this post to a Moderator
   

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