RRL 1.00% $2.02 regis resources limited

Ann: Becoming a substantial holder, page-53

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  1. 213 Posts.
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    RRL on "Cup and Handle" pattern, a bullish continuation pattern, is forming with the handle currently hitting the 50% Fibonacci retracement level at 1.755, suggesting a potential breakout above the handle's resistance.

    The broker has the following target prices for Regis Resources:
    RBC Capital Markets has raised its price target by 24% to A$3.10 per share
    Bell Potter has a buy rating with a price target of A$2.80 per share.
 
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