RHK 5.17% 82.5¢ red hawk mining limited

14c in danger ?, page-6

  1. 24,192 Posts.
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    Well well ... A late buy wiping out the sellers at .14c. We now hav buyers at 14c for the first time in a while.

    So...is this the first sign of the continuation of the uptrend... ie, patterns ID'ed a few weeks ago ???

    From a technical point of view we have at least two very strong bullish patterns in play these are the Cup/Handle pattern started around the 15 april IMO and the equally if not stronger reverse head and shoulders pattern which started around the 28th Jan 2010 approx.

    Both these patterns give targets projections in the 20-25c range...Funnily enough being the same as the Euroz broker report target..... Also my roughie calcs give the same target price area ... So does 1+1+1+1 = 25c ?? Hmmm

    OR ...Maybe the buying is the simply the result of the planned oversea's CEO presentations being given.

    Time will tell .... I say all of the above... Perhaps the pre prefeasibility expectation run is beginning also....

    Best info we have right now is prior to Xmas for a completion date ...

    Things might just be hotting up. Keep and eye on this
 
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Last
82.5¢
Change
-0.045(5.17%)
Mkt cap ! $164.8M
Open High Low Value Volume
86.5¢ 86.5¢ 82.5¢ $1.115K 1.35K

Buyers (Bids)

No. Vol. Price($)
1 25 74.0¢
 

Sellers (Offers)

Price($) Vol. No.
82.0¢ 35 1
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Last trade - 13.04pm 13/09/2024 (20 minute delay) ?
RHK (ASX) Chart
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