![](https://cdn.steemitimages.com/DQmUxFqaAM2W4YMHZGn5Bv7yZbXDo53XN5UH6Nnxjitmd5Y/image.png)

RPD recently broke out of 5 month inverted triangle with the strength of the move being confirmed by RSI pushing above the 70 level. During the recent consolidation in equity markets, RPD has retraced toward the breakout level forming a bull flag. Last week saw price break out of that flag suggesting further upside for the stock.

Looking at the weekly, a move to new highs will see it push above the 1.618x extension of the post IPO highs to low bring the 2.618x extension target at 57.22 in to play. Worth noting the strength of the weekly RSI indicating significant strength. 

![](https://cdn.steemitimages.com/DQmZVyApRf163XKYHkfgXg3k9XucEp2ytFwpTaSmKrQKXqX/image.png)

RPD is a member of HACK, the Cyber Security ETF which has been trending nicely higher. RPD has also been out-performing the ETF significantly since November 2016 and the recent breakout suggests this should continue. 

![](https://cdn.steemitimages.com/DQmVc3p1mopcVbEebrCBmXdbCF6CbMDKYBm7apn8pxot6NA/image.png)

A significant move back inside the ascending triangle would negate the positive outlook for this name.