RRL 2.53% $1.74 regis resources limited

is fall in shareprice forcasting good results , page-3

  1. 166 Posts.
    grazer.
    Yes I do mean that a fall in the share price prior to results could well be forcasting GOOD Results.It is a good time for a fall in the share price as weak holders can worry about the results and think that someone has seen some bad news and therefore the weak holders are prone to sell,and then there is a transfer of wealth which becomes obvious if and when the good results are released.There was a beautiful doji type candle yesterday too, and today the small gap 92.5-93cents has been filled.By the way the low yesterday touched the 38.2% fibonacci retracement/support with the fibonacci period starting on 5 February 2010.

    Not long now before the the march quarterly report is released so we will see soon.


    My posts are my own personal views and I am in no way suggesting investing in or disinvesting in the above share or financial instrument I also post for entertainment purposes ,and NO advice whatsoever is contained herein and or given.Everyone should seek independent professional advice.
 
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Last
$1.74
Change
-0.045(2.53%)
Mkt cap ! $1.310B
Open High Low Value Volume
$1.77 $1.78 $1.73 $6.371M 3.660M

Buyers (Bids)

No. Vol. Price($)
4 12795 $1.74
 

Sellers (Offers)

Price($) Vol. No.
$1.74 56792 5
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