Sick of the ramping on RMG.
Here are the facts:
Short term,
- an ascending triangle has now formed on the daily.
- 45 day RSI crossed positive on 11 Oct.
- SPP started a positive 50 day SMA climb on 10 Oct.
- no breaches of bollinger bands recently, stock is not too volatile.
- 10, 20, 30 day in positive all above eachother respectively, all positive.
breakout of ascending triangle will occur within next 14 trading days.
- given the above, a positive break looks to be the play.
can anyone provide some real fundamental analysis on this stock. No plain what if rampings.
p.s: if the breakout goes to the bears 0.014 is inevitable!
...dyor
- Forums
- ASX - By Stock
- RMG
- real info
real info
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RMG (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online