You guys can guess with your charts all you like but it is like soooooo damned obvious to me what has happened. Fear not for you are all sitting in the middle of a battleground
It is pretty obvious to me whats happenend and charts dont tell you anything in this case. IMO of course.
It looks to me, that Dattles has come into RIO's baby, he has tried to push the price up for RIO, making it more expensive and that is surely obvious
So, are RIO gonna sit back and lose the baby or the war. No, of course, they are going to retalliate in anyway they can. So, they pick a few very clever trades and push the price down to where they can make the little holders crap themselves. And most of them did.
However, this is not the end game. Will Dattle now take back the reigns, he now holds way more shares than RIO and, RIO are just taking a punt, that Dattels doesnt have more buyers in the wings.
So traders, watch your charts very very carefully, because, he with the most dollars wins in this game.
Harlee
EXT Price at posting:
$3.92 Sentiment: LT Buy Disclosure: Held
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