RED 12.3% 32.0¢ red 5 limited

bots off . chocks aways, perhaps, page-18

  1. 10,142 Posts.
    lightbulb Created with Sketch. 139
    just looked at the chart but photobucket is down so can't post it

    RED hugging the top bollinger

    if all goes well and the gods aren't against us we could have a run similar to that in September 2010 or december 2010

    (september run from 12 cents to 19 cents = 7 cent run

    december run from 16 to 22 cents = 6 cent run)

    if history repeats and we start with say 17 cents

    17 + 7 = 24 cents or 17 + 6 = 23 cents

    sounds reasonable and we will still be below the 27 cents discounted valuation fundamental analysis
 
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