Replies to post #194 on Redbox Entertainment Inc (RDBX)

[Smilin_B]

Not certain what's going on with Redbox or why it spiked because CFO stepped down.

Markets blood red today

[TechnicalAnalyst1984]

Smiling B might not have a clue (his words in his response to you, not mine) so let me sum it up:
1) Heavy accumulation on a stock that
2) has no resistance because it is a new stock (no resistance = no bag holders) that
3) has a low float &
4) is currently forming a congestion band!

Tomorrow SHOULD be green and SHOULD close between $3.90 to $5 unless a phenomenal PR comes out and then it's anyone's guess! imnsho