support/resistance

At this point in time its probably a prudent exercise to determine likely levels of support.

The last 5 major up days for RPT have all been followed by down days as traders clear positions. The last 3 down days have all been above the midpoint of the large white candle. A good signal buyers are in control.

On a 2 week 30 minute chart, there is 1 major level of support and 1 minor level. The major level is @ 0.068 and the minor level is @ 0.076.

Traders entering this morning should well expect a pullback. I for one will wait for the price to re-test the minor support. If it honours this support level I will re-enter.

Would appreciate comments

Marchello