RHM
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0.00% 30.5¢ richmond mining limited

re: Ann: Appointment of Lou Jelenich as a Dir... Got on this one...

  1. falling knife
    988 Posts.
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    26/10/11
    23:55
    Post #: 9196457
    re: Ann: Appointment of Lou Jelenich as a Dir... Got on this one because of;
  2. the low number of shares on issue,
  3. proven resource
  4. infrastructure nearby
  5. FE demand
  6. then finance has been waved infront of us.

    RHM hasnt lived up to expectation yet.
    Maybe, like the chart, the new appointment is a sign that things are turning.
    The Indicators RSI, MACD and STOCHs are all rising with a depreciating share price. This divergence is a good sign that things may be about to turn positive.

    RHM Divergence
    7. RHM Price at posting: 23.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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