RBM redbank mines limited

chart

  1. 1,018 Posts.
    A simple chart. Two points to note in the chart:

    1) OVB - See how that line remains steady despite a somewhat fall in sp. It is a good indication for someone accumulating.

    2) Bollinger bands - The band is starting to tighten. Generally, as the bands get tighter the sp has to eventually break out of the band, either up or down.

    Me thinks something will happen either this week or latest the next.

    Now all this is my opinion of course so I would expect you to DYOR.


    [IMG]http://i9.tinypic.com/6gvxukl.gif[/IMG]
 
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