a new res is born, page-15

I agree a pullback is due however if the momentum remains then a 14 day RSI over 80 is possible, currently 76.MACD is OK. Have a look at stocks like ORE, IOH, these stocks appreciated in value experiencing minimal retracement. Commoditiies such as coal are favourable at the moment and with stocks such as MacArthur Coal having predators it is possible that RES could hit around 86 cents in the short term. With a retracement then definitely on the cards !