RAIMON : LT resistance at 1.10

RAIMON’s monthly chart below gives 1.10 or so as the main swing trade target, but after Thursday’s huge volume day and strong close, if it comes off to 0.82 or so it might be worth a look for those not already in.

The stock has resistance at 0.94 and 1.00, with 1.10 seen as a strong barrier, albeit not impossible to break over the coming weeks.

 

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