ROY is poised to make a long awaited turn around. The charts have two major breakout points. The first was to break the sideways resistant point at 18.5 cents and this has occurred today when they moved to 20 cents. The next indicator to breach is only at 20.5 cents which will then move the bar up to 23.5 cents, after that break its any ones guess where it will finish.
When I rang ROY office last they did say that drilling has recommenced at Razor Back.
MFE Price at posting:
20.0¢ Sentiment: Buy Disclosure: Held