$RPD IPO Recovery Play

Taken a Long trade on 21/07/2015 @$22.98

Technicals

- RSI Crossed Up 30 Level signalling BUY $22.65 ($22.98)
- Testing 50 Level on RSI to break into uptrend
- Diverging Bottom
- Support at $22.50 (Semi-round Number)
- Strong 1H Hammer (High = $22.79)
- Price has just crossed up through the 20MA
- Cyber Security ETF ($HACK) Uptrending but (-8.53% (22nd June ATH))

Fundamentals

- $RPD has never been profitable like $FEYE.
- LifeLock ($LOCK) Bad Press
- Major Tech Companies reporting poor earnings ($AAPL, $YHOO, $MSFT)