Looks to have completed a 5 wave advance from the July 2010 low of .05c, caveat being the Jan 22 high of 2.2c is end of wave 5. If it is look for an ABC correction of wave 1 of a higher degree. Divergence in the stochastic combined with the overbought territory may provide a lower entry off fib numbers or other support. It is in a nice uptrend having cleared the 50sma Oct 2010 and produced higher highs and higher lows so trend and structure looking good.
- Forums
- ASX - By Stock
- RMG
- chart
chart
-
- There are more pages in this discussion • 49 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RMG (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
INF
INFINITY LITHIUM CORPORATION LIMITED
Ryan Parkin, Managing Director & CEO
Ryan Parkin
Managing Director & CEO
Previous Video
Next Video
SPONSORED BY The Market Online