Nana expresed the quite legitimate opinion that there might be a pull back . If that is to be seen of an overall negative assesment of the what the chart is currently all about , I for one would choose to express that quite differently. The comment was made that it is pointless to place much importance on the technical indicators , so judging things purely on what the price and volume look like , one would need to be particlarly hard-bitten not to see RRS as a much more promising chart than we have seen in years. If one is bold enough to point out what certain sentiment indicators have to say (fairly simple ones like MACD , momentum, one would have to admit that there is a far better balance of probability out there than Rangers have dared to hope for in yonks. If the indicators of sentiment have anything to do with how the fundamentals are perceived by the market , and I believe that is more than likely the case , more and more are prepared to take on this risk.
RRS Price at posting:
4.5¢ Sentiment: ST Buy Disclosure: Held
