Breaks were put in at 1.6-1.8 as it was trying to climbed up. Once, buyers dried up at 1.5 it moved to 1.5 - 1.7c keeping big volume on sell side. Though, RMX could be a good stock for long term, the games will be played for short term taking some nervous holders/traders out of it.
Today's dumping could be from T+1 trader, who bought yesterday thinking it will keep climbing. Probably he doesn't have money for settlement and decided to sell off.
Above all just my thoughts and opinion.
Please DYOR.
RMX Price at posting:
1.3¢ Sentiment: LT Buy Disclosure: Held
