RMG 0.00% 0.7¢ rmg limited

pashcal, page-12

  1. 2,541 Posts.
    Tbsanto the 18c target is my three month prediction. I think there is at least another five days now of consolidation before it can run again. It may be a bit longer than that as well as its MACD downturn is a little bearish on the daily.

    The weekly still looks the goods. As I say I don't think it will come back much from here. I think traders have now accumulated as much as 11 million shares above the 3c level, and they're the sort of traders who don't sell at a loss.
 
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