RIV
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0.00% $16.20 riversdale mining limited

Interesting chart here. Great stock and company imo. Looks like...

  1. barnsty
    8,880 Posts.
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    20/04/09
    18:26
    Post #: 5031529
    Interesting chart here. Great stock and company imo.
    Looks like it might find it hard to break that trend line. Not surprised it hit it's head on it.

    I have been watching it for a while as I used to be a holder. It may be a difficult short term period after Wesfarmers comments today reagarding them expecting coal prices to fall 59%, see article :
    http://www.businessspectator.com.au/bs.nsf/Article/Wesfarmers-expects-coal-prices-to-fall-59-pd20090420-RA4FA?OpenDocument



    RIV Price at posting: $4.18 Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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