If 2c support holds strong again on such a red day, i will be very confident to day that sub2c on RTL is history. How often do u see a stock bounce back a support level 3 times, especially when the sell depth was so scary-looking sometime yesterday that it looked like it was gonna go back to 1.5/1.6c. However, it just seemed nobody was willing to sell under 2c at all, no matter how heavy the sell side was stacked up. That must be telling.....
And today's last day of t+3 selling, if 2c holds in the morning, im fairly confident for a bounce back this arvo or tomorrow morning.
we'r 5 trading days away from GM, folks.
GL all JL
RTL Price at posting:
2.1¢ Sentiment: Buy Disclosure: Held