For all your hindcasting and sage nodding, yes yes yes you are right the sp always hits the CR price, you called the sp to rise today. Why, because you hoped the sp would go up and so you thought you had to speak up. Analysis of charts is not about what you hope it will be, it is about taking the emotion out of your assessment so that you can make an objective interpretation. Pulling out indicators that suit your argument is not analysis. That is just cherry picking. Wanting the sp to go up doesnt mean it will. No doubt market sentiment is against RXL at the moment, and this can remain the case when all evidence says otherwise. It may turn tomorrow, it may not. If you believe your analysis for investing is sound then you are a conviction investor. Just remember the market can remain irrational for a very long time.
The only investors infront at the moment are those who invested before June 2019, over 3 years ago. Your conviction needs to be very strong indeed.
Gltah, your patience may be further tested.
RXL Price at posting:
16.0¢ Sentiment: None Disclosure: Not Held
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