RMS 1.38% $2.15 ramelius resources limited

RMS Chart, page-2232

  1. 694 Posts.
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    Maybe it was a 'potential' double top, but I think you would need to have seen a close below a support level to confirm if it was really had been a top.

    I agree the next resistance might be just below $1 at the July support (and 'round number' resistance), but if the trend survives $1.10 will then be in sight.

    Now what about the new 88c gap! Maybe if there's now a clear break, that can be ignored, unless the trend reverses when that gap closure might offer a second support level, (with the first level being at the prior high point breakout level, 93c).
    Last edited by 264091: 02/12/22
 
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