RMS 0.50% $1.99 ramelius resources limited

RMS ... Chart ... Sure, a couple of down days(especially today...

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    RMS ... Chart ... Sure, a couple of down days(especially today like most Goldies ... Clinton boost) but I think RMS's chart looks pretty damn good atm. Interestingly, today's low right at the 195sma that has been 'holding' this stock(as most Goldies) since the late 2014L's only being questioned a couple of times since. Our last 'test' was just back in early Oct. Approx.ly 44c -42c is also a good chart SP pivot level(orange horizontals) and, even though today put a dent in the (Hull)MACD, its still on the rise and above the '0%' level. Additionally, 44c is near the top of the lower 1/3rd of the segmental rising channel I have shown(yellow TL's).

    As with most of the markets, the next couple of days should tell a tail, right!

    RMS_MA_071116_Dly.png
 
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