Ann: Contract Extension - Grade Control Drilling Services, page-6

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  1. 13 Posts.
    RMS technically appears to be where IDC was before it had an 18% breakout only recently. Take a look at this chart comparison below, RMS would appears to be in a very similar position to IDC technically speaking. IDC for example suffered a severe decline, found large volume, bottomed, bullish deep MACD cross and now appears to be trending higher, time will tell if the run can be sustained. Technically speaking RMS has suffered a very severe decline to historic lows, large vol stopped the decline for the last month or so, and now appears to have bottomed as volume (selling) appears to be drying up. Thoughts?
 
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