Happy to take a position here once more. Seems to be one seller slotting a few shares at 5.1c, once he is done the door will be open for the next leg higher back into the 6c range.
Have been keeping an eye on the price action for sometime to consider a re-entry and I think the time is right after the price action moved back through the 43d MA.
MACD is positioned very well making the move back over the 0 control line, with the jaws compressing. If this current trend is to continue, Iam expecting it will do so in the coming days based on this setup. RSI has cooled off and now back on the positive train.
The momentum has shifted to the positive side now for RSH with a close above 5c is key to see this recent move higher continue.
Happy to take a position here once more. Seems to be one seller...
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