RFIL

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RFILRF Industries, Ltd.BATS:RFILErictaylorThis one caught my attention from the scanner due to increasing volume and strength, and the chart has been forming a pretty clean step-up pattern higher highs followed by tight consolidations before the next push. Right now price is sitting just under a key resistance area around $12.20–$12.30, where it’s already tested a couple times. You can see price tightening up underneath, which usually signals pressure building for a potential breakout attempt. What I like about this setup: → Strong move up followed by controlled consolidation → No major breakdowns — buyers are holding levels → Structure suggests continuation rather than exhaustion (for now) Key levels I’m watching: Upside: → Break and hold above $12.30 → If that confirms, this could open up a move toward $14+ (based on expansion from the current range) Downside / support: → $9.30–$10 area (prior breakout zone) → If price pulls back and holds that region, that could offer a better risk entry Right now it’s sitting in a decision zone, so I’m not chasing — just watching to see if it can break and hold or pull back into support and reset. Big takeaway on this one: → Let breakouts prove themselves → Don’t buy directly into resistance → Wait for either confirmation or a clean pullback Overall, this is a solid momentum setup — just needs confirmation to continue.