RVR 0.00% 7.3¢ red river resources limited

I knew by looking at the monthly chart a couple weeks ago that...

  1. 1,078 Posts.
    lightbulb Created with Sketch. 29
    I knew by looking at the monthly chart a couple weeks ago that we were topping out but I didn’t expect such a drop, momentum has almost bottomed out (weekly)so we could see more downside to 18c. Everything across the board has had a great run so I think correction was overdue, plus a bit of “sell the news” regarding Biden NGD and stimulus enthusiasm. Agree with others also that a holder wanted out on a good announcement (something to sell into) and others ran for the door due to -ve price action after announcement. Pity about the lower amount of copper produced also. Got a 21k kick in the guts today but I’m still standing.
    Last edited by chakortair: 29/01/21
 
watchlist Created with Sketch. Add RVR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.