RSG 0.59% 84.0¢ resolute mining limited

Breakout, page-99

  1. 9,821 Posts.
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    think we hav to recognise that rsg has only just now hit its rising low trendline (actually its about 1c below at yest's close)

    goldies almost always use boh the top and bottom rendlines in their moves

    i think its certainly likely VE has a shorting deal on. but we would have got to this point in any case.

    the real question is whether the uptrend holds or breaks.

    typically see falls up to 2.5% below the trendline without the trendline breaking.

    but i dont recall any instance of more than that where the trend resumed
 
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