RMS 0.53% $1.89 ramelius resources limited

Im happy with how it closed. It made it back to 63c and to me...

  1. 14,914 Posts.
    Im happy with how it closed. It made it back to 63c and to me its confirmed an upward parellel chanell.

    See, it closed on its support which was the previous resistance of 63c, but before it did that, it went right down and kissed 60c. That 60c mark is significant because thats dead on the bottom band of the new parlell chanell. It pretty much played out perfectly. If im right, it will gap up overnight and head for 73c from here.
 
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