Nice bounce off 3.7c and pushing up to 3.9c
As stated earlier it was telling who sold off, all the punters jumping on for a quick gain that didn't come and were shaken out, allowing the rest of us to snap up cheap shares. Also showed that there's little selling pressure below 3.8c and good interest in buying at this level to now be at 3.9c
Bullish Flag Pattern still well in tact, this is the Flag that's part of the Handle of the Cup and Handle Pattern, playing out perfectly for a C+H even though it might be annoying to see it drop.
Needs some news to keep it going and pushing it into the high 4c level or to break 5c, that news is due soon so hopefully comes in the next week or so.
RMX - CHARTS Discussion Only!!, page-1329
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