RMX 0.00% 0.1¢ red mountain mining limited

RMX - CHARTS Discussion Only!!, page-200

  1. 6,412 Posts.
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    Chart looking great, accumulation is clear in the volume on the chart.

    Symmetrical Triangle formation pattern, bullish reversal signal.

    Bounced off support at 3.3c now 6 times in a row, very bullish signal, seen it before in accumulation modes before it starts to move.

    MACD trending upward. EMA and MA lines moving upward and about to cross up (usually a buy signal).

    Red line notes where the Downtrend was broken, which is clear in the candle positions and the volume increase and share price moving up.

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