RHK 0.00% 83.0¢ red hawk mining limited

18.5 cents will be the resistance given that it gapped up on...

  1. 101 Posts.
    18.5 cents will be the resistance given that it gapped up on Wednesday morning from 19 to 18 cents on the open. Will be interesting to see whether it can ascend beyond this point short term or whether it retraces back to 16.5 cents before moving higher again. We've all seen that the share can be extremely vulnerable at times and susceptible to retracing lower quite unexpectedly. So don't think it won't retace back to 16 or 16.5 cents as it is possible. Wait and see but that is my view.
 
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