Nice day for RDN (NYSE), up over 17%...
I've done my research on this one, and it's fast becoming one of my favorites.
Radian Group Inc. (NYSE: RDN), headquartered in Philadelphia, provides private mortgage insurance and related risk management products and services to mortgage lenders nationwide through its principal operating subsidiary, Radian Guaranty Inc. These services help promote and preserve homeownership opportunities for homebuyers, while protecting lenders from default-related losses on residential first mortgages and facilitating the sale of low-downpayment mortgages in the secondary market.
It's up over two dollars today, and I don't see any news behind this big move.
It's breaking up into Blue Sky territory on much higher than average Volume, and all of the technical indicators are looking very Bullish on this daily chart:
Happy Trading, and keep this one on your radar...
zigzagman
Posts
