For the charters out there, I can't seem to be able to insert my chart but I will point out the following.
RSG has:
-moved through the 40 day MA which is now pointing up (ST trend up)
-shot through the 200 day MA, found resistance at the Fibonacci 50% retracement ($0.735)and then just settled above the 200 day MA
The 200 day MA determines the long term trend (IMHO) so it will be a big plus if the stock can hold and even better if it then pushes through the Fibonacci 50% retracement at $0.735. If it can settle above this retracement I have a price target of $1.21.
The key is the gold price, which seems to be pausing for a breather.
Good luck all
Hermin
shorters are running for cover, page-13
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Last
84.0¢ |
Change
-0.005(0.59%) |
Mkt cap ! $1.788B | |||
| Open | High | Low | Value | Volume |
| 83.5¢ | 84.5¢ | 83.0¢ | $14.71M | 17.53M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 225054 | 83.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 84.0¢ | 560 | 1 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| RSG (ASX) Chart |