Red Giant Entertainment Inc. (REDG) announced yesterday that they launched their all-ages property “Medusa’s Daughter,” a title that is expected to be available to readers in multiple formats and media. In response to it, REDG stock began to see a breakout of sorts, gaining roughly 33.33% before some panic selling came in the last 3 minutes.
If only the maroons would have had a better look at the technicals and read the news better, seeing that Red Giant’s host and strategic partner, Keenspot.com which attracts 2.5 million unique visitors monthly, is promoting MEDUSA across their entire network, they would have been able to see what we see:
Red Giant Entertainment (REDG) is our “Bottom Bounce” Play!
Our Next Pick Is Coming Soon! Click HERE To Make Sure You Don’t Miss Any Of Our Breaking Alerts!
REDG Stock Quote
Market Cap: 7.18M
Monday Close: 0.0165 ▲ 0.0002 (1.23%)
Volume: 7,891,200
Dollar Volume: $156,868
Open: 0.019
High: 0.025
Low: 0.0163
Trades: 341
14-Day Rel Strength: 23.89%
14-Day Stochastic: 2.39%
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REDG finished Monday with 9 of the last 10 trades all being good sized buys. Traders panicked at the end of Monday’s session despite all the bounce signals:
| Period | SMA | Price Change | % Change | Average Volume |
| 5-Day | 0.0169 | -0.0019 | -10.33% | 9,242,301 |
| 20-Day | 0.0805 | -0.1835 | -91.75% | 16,038,860 |
REDG Technicals:
| Support/Resistance Levels | Price | Key Turning Points |
|---|---|---|
|
4 Week High
13 Week High
|
0.2000
|
|
|
0.1360
|
50% Retracement from 52 Week High/Low
|
|
|
0.1060
|
50% Retracement from 4 Week High/Low
|
|
|
0.0838
|
38.2% Retracement from 4 Week Low | |
|
Pivot Point 2nd Level Resistance
|
0.0280
|
|
|
Pivot Point 1st Level Resistance
|
0.0222
|
|
|
0.0193
|
Pivot Point
|
|
|
Current Price
|
0.0165
|
Current Price
|
|
Pivot Point 1st Level Support
|
0.0135
|
|
|
4 Week Low
13 Week Low
|
0.0120
|
|
|
Pivot Point 2nd Level Support
|
0.0106
|
|
REDG One Month Stock Chart:
We don’t expect to see the panicking today now that the signals are clear!
REDG Is A SuperHero Of A Bounce Play For Today! The Volume increase yesterday was the breaking point for calling out REDG! Another increase in volume and close above .028 could be the beginning of a run.
Note: Red Giant Entertainment and Benny Powell are For Real! So Are The Revenues! They booked $105,937 in comic book and media sales for the three months ended November 30, 2012.
REDG is set to break loose today and get us all back into the winner’s circle!
About REDG Stock
Red Giant Entertainment Inc. is a revenue generating corporation that specializes in Intellectual Property (IP) development for multiple media platforms and transmedia propagation. The cornerstone of this development is based around the more than 36 online and print graphic novel properties in various stages of production as well as the cast of thousands of characters from those series. These properties have a readership that numbers in the millions globally. Some of these properties are actively in development into other media such as movies, video games, television, novels, toys, apparel, applications, etc. through either direct production or licensing agreements.
- Click Here for REDG Price Quote
- Click Here for REDG Website
- Click Here for REDG SEC Filings
- Click Here for Recent REDG News
- Click Here for BarChart Technicals on REDG
- Click Here for OTCMarkets Data on REDG
Last 5 Trading Sessions:
| Date | Last | Change | % Change | Volume |
| 03/25/13 | 0.0165 | +0.0002 | +1.23% | 7,891,200 |
| 03/22/13 | 0.0163 | -0.0012 | -6.86% | 3,519,600 |
| 03/21/13 | 0.0175 | -0.0035 | -16.67% | 5,132,000 |
| 03/20/13 | 0.0210 | +0.0080 | +61.54% | 16,526,201 |
| 03/19/13 | 0.0130 | -0.0054 | -29.35% | 13,142,500 |
Bottom Line: If your’re still reading this far down the alert, you are surely missing the bullish pattern being established. Get to trading REDG before its too late! Get REDG into your penny stocks bought column and look for the peak!
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Notice of Compensation
AimHighProfits.com expects to be compensated up to twenty thousand dollars for investor communication services on Red Giant Entertainment Inc. (REDG) by Winning Media LLC.
MAR
