RMS 0.91% $2.22 ramelius resources limited

Technically it's medium term trend is down. It has retraced and...

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    Technically it's medium term trend is down. It has retraced and is trading between the .618 and .50 Fibbo levels. ie 1.47 to 1.60. Unless we can get back above 1.60 this thing continues to look bearish. We are retesting the bottom of the Bollinger bands but heh that just tells us how weak the price action is. Hold and close back above 1.60 and we can re-assess.
 
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