RES 0.00% $4.61 resource generation limited

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  1. 1,025 Posts.
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    What about this as a maybe?

    Maybe the SA operations are being set up to sell off or merge so that Jury and co can concentrate on the Tas holdings? Enough coal there to keep a small co ticking along while they pick up other tenements in Aus? I mean it is what he knows right?

    Can any chartists help me out here as I am learning the black art (slowly!) I took a look at the chart today and it appears ready for a move up because:
    1. The bollinger bands are contracting inwards,
    2. The macd lines have crossed in the positive and
    3. the rsi is trending up

    I personally would like to see this much higher so am i seeing things in the charts or is this the case?

    Thanks guys......Maxi
 
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