evilbear, lol a bit of de jar vu from last week re RSL.
Yep, that was me calling .155c lol, much to the dismay of most. Funny it's sitting at that price now. Mind you there are 30k units sitting at .16c unloved and they were sitting there most of yesterday arvo if I'm not wrong? Anyway I haven't been filled at .155c and will probably pull my order now as it's taken much longer to get there than I first anticipated and the chart now looks ultra bearish IMO. Who knows it may reverse up but looks like .14c on the cards to me.
In regards to a cup & handle, I called the top of the cup at both ends at .19c and looks like it's played out that way. The handle looks like it's forming now so if it plays out properly it could definitely be one to watch when no one else is if you get what I mean. Jump on or top up when it's well and truly out of the spot light. Below is a diagram form investopedia which I also posted last week. Looks similar to the chart?? Lets see how it plays out. Something tells me traders aren't finished with it.
