RMX 0.00% 0.1¢ red mountain mining limited

As predicted gapped up today on nice volume but decided to take...

  1. 209 Posts.
    As predicted gapped up today on nice volume but decided to take a pretty big breather in the mid morning and early afternoon.

    Went a long time with no trades at all.

    It did awake in the arvo pushing up to $0.034 before settling a little.

    This was a similar pattern to the late buying we saw on Wednesday.

    Another big volume day of 59 million, the buyer depth is still massive and looks like holding into tomorrow.

    I'm anticipating another up day tomorrow on more strong volume before it takes a breather and begins to consolidate, in the absence of good news, which will no doubt see it spike.

    The trend (and buying volume) is still incredibly strong and its hard to see it fall back to much whilst this is the case.

    $0.035 is the key selling price to break and its pretty thin beyond that at this point.

    Good luck to all holders.


    Cheers
 
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