Replies to post #538 on Rada Electronics Industries Inc. (RADA)

[dabonenose]

JUKEN,,,lots of resistance and targets here for the rocky road northward,,,lol.

Personally, I see a first resistance at .54, then a pullback after it finishes creating the bowl formation to create the right lip around the 20 day avg.

After the formation is created, I can see the bigger move starting toward a target at .79.

This is not gonna be a spike to 1.84 to close the gap kinda thing, although, with the small float and news, anything is possible,,,lol.

I got in at 1.23 with my initial buy, and have averaged down to a buck and still adding.

I will continue to do so until my avg. is lower then the current price.

Then I'll ride the shares north.

Sounds like a plan eh? LOL