Buy on proof it is actually going up. Otherwise buy at 3.9 and sell with a break through 3.8 support
If RBY actually breaks into the low to mid 4's (particularly with volume) it has a much higher chance of moving further.
Right now there is no direction, it could either way
Little funds in the bank is a major on this one, a suspension and delisting is right up there on risks an investor would wish to avoid...............The company has advised they will probably go to the market for more funds - this is natuarlly bearish and sugests caution...........
If RBY is going to 15 cents then what does a few ticks matter in the scale of things? - evidence of a break to the upside is worth foregoing some profit........IMHO
I trade on probability..........
RSN is my favourite - tipped at 12 cents when she was breaking to the upside......
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