Back testing previous all time low of 6c. Watch out for a break below this.
I have previously posted a forecast for a possible base at around 3.5c based on a fibonacci 161.8% long term support beginning with the low of 13.5c on the 21 March 2001. Based on this 6c level there is now also a corresponding confirmation of that low as the 261.8% retracement from a shortterm pattern if 6c is broken and the 161.8% shortterm at 5c.
RMG Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held