RMX 0.00% 0.1¢ red mountain mining limited

RMX - CHARTS Discussion Only!!, page-30

  1. 6,412 Posts.
    lightbulb Created with Sketch. 1626
    10min Chart giving the clearest picture.

    It's in oversold territory now.

    It bounced off 2.5c which was the previous resistance level, noted in the chart with the two hill points previously.

    2.6 is the main support base because of the 56m+ shares the churned there yesterday.

    MACD is oversold and can see the previous points where it was oversold, it had dropped back from the 2.5/2.6 high and then bounced off the support levels and moved up again.

    In the same position now. with the volume dropping off giving us a Low Volume Pullback, it's a real term in trading, go look it up for those that don't know what it is. It's a good thing here.

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