RHM 0.00% 30.5¢ richmond mining limited

feasiblity study , page-10

  1. 991 Posts.
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    This has had a stella run of late.. Toped up a little more today after seeing the $89,000 order go through.. been said a few times lately news due soon.

    Get back to the PC and see the charts telling another potential story.

    Momentum indicators all saying over bought.
    Stochastics and RSI
    RHM top

    Repeating ranges complete on this run up with a bit of overshoot. Is there more in the tank?

    Repeat range 2

    Daily chart shows we have just crept inside the bollies today but hitting the high usually means pull back too.
    If we do break here the next fib projection up is 87c. Will need the news we have been expecting to do that. Has the flag giving a similar target.

    Photobucket

    Gotta love the stocks with small no of shares on issue dont we.
    I should look at the weeklies but gotta go

 
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