RWD seems to be following MAK with the profit taking and sell down continuing for a few more days.. The two seem to be somewhat in sinc!
MACD seems to be going negative , which some wld say may indicate further selling down.
IMO we may see 1.20 flash up briefly before the next turn upwards.
The next up-leg shld see 2.00
tommor or Wed shld see the last of the selling down.
im ready to top up when she moves into the 1.2s
any thoughts..?
I Hold RWD MAK STB
and COK and the next FMG , Bauxite Resources BAU
Always DYOR
rwd and macd
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