Currently in an ascending channel. I have provided the mirror support zone and the optimal buy zone, if this trendline collapses. A few bump and runs can be observed, also a pump and dump. Price is currently trading along the 1 fib level. MACD is also rising which is a promising sign. 4Hr chart.
If you missed the bottom entry @ 117 (like I did =/) No worries...looks like RCN might find solid support ~183. If it does, it may grow to 261 for at 42% increase.
I'll to be watching sub targets:
resistance: 213
support: 189
resistance: 242
support: 220
Will be watching these sub targets and 2-4H MacD/Histo reversals to confirm targets and final exit...
