RFE 0.00% 0.0¢ series 2018-1 reds trust

today will be the test, page-7

  1. 7,207 Posts.
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    isharpen, got ya, perhaps you should have said that in your original post, when someone comes on to this site not holding shares i tend to get defensive.

    RFE is like the QE2 at the moment, turning the ship around, momentum will build on the first signs of a trend change, we still have the odd small holder looking to get out, hopefully will be swallowed up by increasing buying in the next week or 2. so far the SP holding up.

    guys, being only just computer literate, i havnt managed to post charts up here but reckon we are seeing a big decrease in volume similar to when we first came out of the first trough at 38c.
    hope someone can post a chart to help visually.

    RFE leading into the first trough in May an June had a descending volume triangle from 15/4/10 to 11/6/10, were we fell from 70c to 38c, we broke out of this triangle and leapt back to 65c close on 27/7/10.

    personally reckon this is happening again, priming for another breakout, create a triangle from 14/9/10 when we had the reserves upgraded to todays point, still think this is slowly working up to a breakout similar to the one that occurred in the last part of June.

 
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