59 is now a very solid short-term support level, though I still believe the best support resides just above 56. Recent rally attempts have been thwarted at the declining 20-day EMA (red arrows), which is quite typical during a selloff. If the 20-day EMA is eventually cleared, look for a further rally to test, and possibly clear, the 75-77 area. If RDFN can make that breakout, I believe there's a very good chance we could see a future price test
near 97-98, a 30-40% advance from its current price.
