RCH richfield group limited

chart says down, page-9

  1. BSA
    587 Posts.
    Hi Shetoldmeto,

    "if your looking to trade it, then a daily chart with 4.8c as resistance is where you should be."

    I don't agree as this level is VERY significant, it is not just for a trade(but could also be taken as such)This is a level that many that have been waiting on the sidelines will be watching for.

    Daily weekly monthly chart still paints the same picture,...a stock that has tracked sideways for almost 6 months whilst the XAO has headed southward,....indicating investors are happy with what they are currently presented with and happy to buy at current levels.
    Daily weekly monthly chart paints still the same picture of sideways/consolidating stock with good potential to break upward,...its just that daily charts show which resistance levels are more significant(as I see it anyway)

    Cheers :-)
 
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