Radient Technologies Inc V.RTI.H

Alternate Symbol(s): RDDTF

Radient Technologies Inc. is a science-based company. The Company is a commercial manufacturer of cannabinoid-based formulations, ingredients, and products. The principal activities of the Company and its subsidiaries are engaged in research, development, and commercialization of an efficient and environmentally responsible technology for the extraction, isolation, and purification of soluble products from a range of materials using microwave technology and a customized hydrocarbon extraction platform. The Company is focused on the formulation, manufacturing and launching of value-added cannabis products. It utilizes a proprietary extraction and downstream processing platform that recovers up to 99% of cannabinoids from the cannabis plant. It develops specialty products and ingredients that contain a range of cannabinoid and terpene profiles.

TSXV:RTI.H - Post by User

Radient Technologies Inc

Bullboard Posts

Comment by Cashmeoussideon Apr 22, 2017 10:48pm

177 Views

Post# 26153744

RE:RE:RE:RE:Some thoughts on Technical Sign for RTI

Millennial2000 wrote:

Cashmeousside wrote:

Jonzeeeee wrote:

Ducksoup000001 wrote: Personally, I am optimistic about this stock like many posters here. I increased substantially my core position when it dips below $0.5. I stand by my view that the stock will go sideways for some time and we call it base building. The longer it stays this way the stronger is the support at this level. When it breaks out to the upside it will be unusually vigorous.

A few posters mentioned the sign of the 'dragonfly doji' as a change of trend. Actually we have two trading days closed like this - April 16 and April 19. We have three consecutive down days after April 16, so it is not it. Now we have two consecutive up days after April 19. Is the trend start to change and move up now? My view is - yes, the bleeding trend have stopped and we should not retest the lows again @ $0.47, and no - this is not the beginning of a new leg as we hope for. The sideways movement means it is a waiting period until a breakout. That breakout will be some exciting news to be released.

In general I regard the Dragon Doji as very bullish when the day closed in black. These two days - April 16 and April 19 - the day closed in red.

Have a a nice weekend all

it will trade sideways for some time? You mean for maybe a week or less until news comes out?

While he's not necessarily wrong, these posts just sound like vague summaries of what we already know. From what I can tell, this one basically says, 'Don't expect a big increase until we get news. Once we get news, it will be a big increase. On the days it closed in red, it closed in red.' K, thanks.

To be fair, can we be sure the share price will not drop below $0.55 next Week? Or will we see $0.4ish again? Sounds like some one throws out a prediction of what the stock will behave based on his charts. His call for a rebound and magnitude is dead on.

I see limitations by watching graphs and charts. It cannot predict when will the event happen. In this case the event is news release. And it cannot predict how the share price will react to the event too. No offense to all chart guys out there, your method is not an exact science. Yet when a stock is in a down trend, like RTI recently, charts may provide some clue as to what will make the trend change in terms of some possibilities. Just my opinion.