TMZ 0.00% 0.5¢ thomson resources limited

Ann: RIU Sydney Resources Round up Conference Presentation, page-21

  1. 567 Posts.
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    It is absolutely brutal, if you are a shareholder in this. At 3.2c currently RSI is at 21, Stoch RSI at 3.7, %R at -100%, all pointing to heavily oversold conditions. Time to top up?! Only for brave people though, who would try to catch a falling knife. Unfortunately more selling would not be surprising, with 2.5c target not being out of the question, over the next few days.

    One could postulate that this week, or early next week, may be the turning point. Fingers crossed, and lots of praying.
 
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