RRS 0.00% 0.1¢ range resources limited

give us a break, page-17

  1. 72 Posts.
    Before everyone thinks I want to influence traders (investors) with biased information and loose my credibility:

    I realized later that the RRS chart is logarithmic, so here are the two linear charts. The RRS chart resembles prices from the Frankfurt stock exchange, the reason for being in € (I am a bloke living in Germany).

    The slow decline can be theoretically linked to the current market situation BUT its no evidence for it.

    My opinion is there is no OBVIOUS reason for the decline linked to company fundamentals, and because of no great news yet a lot of traders / institutions may have sold (taken profits) with the current market situation.

    In any way, I would only buy more IF positive news is published. Waiting for a cheaper price is no bad idea either...

    Interested in a discussion.

 
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