RMS 1.04% $1.94 ramelius resources limited

Looks like a break-down of the head and shoulders pattern...

  1. 3,612 Posts.
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    Looks like a break-down of the head and shoulders pattern (excuse the amateur artistry) , RSI does looks overdone so would expect a bounce early next week, but until it breaks above that purple neckline i wouldn't be entering again personally.... best to watch and wait for now, Trading patterns on RMS of late seem a bit off, cap raise to fund an acquisition or something else i cant put my finger on it but until it happens ill be sitting out.

    https://hotcopper.com.au/data/attachments/2586/2586988-d31a2d5ab665de2c4ea2c9b87666084a.jpg

 
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