RMG 0.00% 0.7¢ rmg limited

real info

  1. 440 Posts.
    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
 
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