RIL 33.3% 0.2¢ redivium limited

chart, page-4

  1. 576 Posts.
    Nice call.
    618 Fib ext from this time frame is interestingly right on the high of 3.1c.
    Cross checked with Fib extension previous low high and guess what, 1618 very close on the 3.0c.
    Very good target indication on the longer time frame.

    On the last leg 618 is at around the 2.4c. Potentially a good next target if the uptrend continues.

    Timing is good as well. Great Nickel news from the Philippines with a huge crackdown on Nickel mines there. Looks like there will be a few in suspension thats pushing up Nickel prices. Also drilling results likely next week.


 
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