re: Ann: Grant and cancellation of 1,150,000 ...
hi smick
yeh, i know...don't want to read too much into it, but i was wondering if it was something to do with a bigger cycle playing out on the major indices, which i guess would show through on most stocks in some way. either that or else the market is truly in tune with some greater cosmic clock, and we would probably all benefit from having a reading done by Yogi in Oz :)
pretty much sept 21-29 week seems to be the recurring pivotal point. the difference i see here is that RHM is both in a long term uptrending pattern AND in a the middle of a major fundamental upgrade. where on that other chart it looks like a reversal is on the cards, on this chart a bullish continuation makes more sense.
there's not many like this one on the ASX, you gotta love it...
RHM Price at posting:
36.0¢ Sentiment: Buy Disclosure: Held