RRS 0.00% 0.1¢ range resources limited

Nice chart...Appears the Tasuki Gap continuation will be...

  1. 15,276 Posts.
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    Nice chart...

    Appears the Tasuki Gap continuation will be confirmed today.

    My guess...it might try for a 5.1c close, which should pave the way for a bullish day next Tuesday.

    A close over 5.1c would be extremely bullish, however a close below it would suggest we might still see another day or two of range trading...any close above 4.7c is good in my opinion!

    Always good to see a healthy premium in the options!

    I guess RRS will be driven by news in the short term now!

    Most likely, hole 1 results will only show diseminated sulphides...good, but no cigar!

    It does however suggest their ground may be similar to WSA's...this alone may support the current price, given they have another 17 holes to go, so can't see it falling much from here.

    Cheers!
 
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