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0.00% 0.1¢ red mountain mining limited

Disappointing end at 1.3c but that's just an optics thing, and...

  1. Zeddymc
    83 Posts.
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    11/02/21
    16:37
    Post #: 50905481
    Disappointing end at 1.3c but that's just an optics thing, and it marks the 50% Fib retrace (again).

    If you're a TA type of operator, lowest traded volume in 5 weeks indicates a reversal of the downward trend. Not to mention the completion of an impulse falling-Elliot wave wedge. Marks a bearish cycle and I daresay this thing will turn on small news... which (in my best estimates) is on the way.

    IMHO

    RMX Price at posting: 1.3¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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