REY rey resources limited
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Yesterday candlestick (tombstone) at the bottom of the recent...

  1. malay
    11,060 Posts.
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    23/12/10
    13:12
    Post #: 7652819
    Yesterday candlestick (tombstone) at the bottom of the recent retracement is a sign that at this level, buyers are coming in. It means that the minimum the SP will do is to move sideways or, a reversal is inminent.REY has found support at 30.5c. The share hits 30.5c and the buyers are coming in to buy, currently buying at 31c and seeing 31.5 done, not much on the sell side at 31.5c.Selling at this level on the sell side is extremely.If we are lucky, we may see a reversal in the SP of REY today.
    REY Price at posting: 31.5¢ Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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