This stock will head higher when the following occur, not when STMTS' cat or half-@ssed TA skills says so;
Global market tide turns Accumulation restarts Weak hands finish being burnt off More articles like the one yesterday on 'Proactive Investor' are written, highlighting to punters not yet in the know the value not currently reflected in the stock price
If this gets to 4c I will be very surprised, but if so it would be after a catastrophic night on US markets, rather than some made up trend-line.
There's no trend here, the EW broke when we fell through about 23c when we failed to get on with it after the retracement and consolidation that followed the big push to 50c
RES Price at posting:
$1.25 Sentiment: Buy Disclosure: Held
