Good insight there Rod, and very nicely put :)
My mistake re the ASX300 - I hadn't realized it was already in there, and that the 200 was the next step. That should give things a kick along methinks - most of the instos would jump at the chance to buy something with growth prospects as good as RDF I would have thought.
Speaking again as a pure chartie, everything still looks very healthy indeed, and the 90,000 for sale at $4 is the resistance factor that needs to be wiped out. Once this is done, and the price goes above $4, then I think an early fairly rapid rise to $4.30 - 4.50 would be on the cards, with $4 being the new support level. The SP is nudging again at that $4 resistance line today, and I expect this to continue for a week or three yet. No sign of the overall trend weakening on my charts.
My stop is at 3.73, that last resistance/support level, which also gives the stock a bit of room to move, and have a breather from time to time. Having been in it since $1.04 upwards, this is all looking very nice so far :)
- Forums
- ASX - By Stock
- RDF
- predictions please
predictions please, page-4
-
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)