RWD 6.78% 5.5¢ reward minerals ltd

arvo defence line in place, page-4

  1. 4,058 Posts.
    brokers will have to buy it up because they realise there wont be a placement until later - dont they?
    IMO RWD is just consolidating here, the fact it collapsed to 187 and immediatly rejected that and is now closing here is very bullish to me IMO - the stacked sell side depth up to 205 however is annoying, but they will pull when they start getting hit and building pressure mounts again.
    despite being at this consolidation/resistance phase the buy depth still outweighs the sell depth by two fold too.
    cheers
 
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