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Re: Citrati post# 16622

Thursday, 10/07/2021 7:47:17 AM

Thursday, October 07, 2021 7:47:17 AM

Post# of 16902
Thanks Citrati for the kind words. Always good to get other opinions and visualizations when looking at charts. And I consider you in my top 5 chart analysts! Top 2 (you and 123Tom really) even since I haven't seen a few that I follow around anymore. Maybe they're already on their own island somewhere. smile
I took the 2.40 at a glance from the daily to simply cover the gap up last Friday. Not even sure I can recall how I found RCAT since it wasn't on any of my watchlists. But it was moving on price and volume so I did my thing with a quick flip and decided to keep this one on my list rather than just moving on. Though it's a holding company their subsidiaries are quite interesting. I'm still looking to do some more DD.

The lines from the weekly are a bit different than the RCAT daily chart showing closer to the 2.50 mark. But as a swing trader, if I see something starting to set up I'm not going to sweat buying a little early and missing the bottom. Especially if I think the stock has solid potential. I just keep nibbling until the bottom proves itself. But, as we know, news can change the technical side at any moment.

Cheers and be well & green!!


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