RRS 0.00% 0.1¢ range resources limited

drop below 40 cents shortly, page-2

  1. 559 Posts.
    I disagree with your analysis pongo. I believe this stock has historically had support/resistance around the 40c mark and would expect this to continue. 40c support at the moment. With news expected this quarter I wouldn't expect to see the stock dip below 40c and if it did I wouldn't expect it to be for too long.

    However you are are right that for long term holders a drop below 40c is good news short term as it presents more buying opportunities!
 
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