re: daytrades september 10 afternoon Hi Burnett, yes trading ok when I get the chance lol, have created a problem with my recent business ventures in that I have made myself too busy! lol, not a bad problem I guess and shouldn't complain but I love trading and other things are getting in the way!
RCY, it looks a bit ordinary to be honest. I think it will see .02c again sooner or later as that's where the floor was until recently. Will be some resistance there if it sees it in the st.
The chart doesn't really give too much away aside from it looking a bit ugly. Can't see it going too much lower but then i know nothing about the fundamentals. It's definitely very oversold on the daily so that's better than overbought. I note that its oversold on the weekly & monthly as well which is a worry..
RCY weekly chart (8 months)
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