r u enjoying the res ride?, page-11

Dave
Who says I don't post negatively?

Price and moving averages

Price and moving averages has closed below its Short term moving average. Short term moving average is currently below mid-term; AND below long term moving averages. From the relationship between price and moving averages; we can see that: This stock is BEARISH in short-term; and BEARISH in mid-long term.

Bollinger Bands

RES.AX has closed above bottom band by 31.9%. Bollinger Bands are 43.1% narrower than normal. The narrow width of the bands suggests low volatility as compared to RES.AX's normal range. The bands have been in this narrow range for 0 bars. This is a sign that the market may be about to initiate a new trend.

Panic now! We're all going to be ruined!
If RES's not gonna make it ,neither will FSE,and I've sold all my FSE months ago!!!