The 25-30% jump the other day was well within the BB, sp took a breather for the MAs to catch up and RSI to cool down a bit in the smaller time frames.
Our daily RSI has got a lot of headroom yet, whoever steering this bull has a good grasp on these oscillators.
Stochs has gone up but it's fine, SP can still rally while the stochs correct itself
If sp jumps 30% every day, it won't be long before it collapses and requires lengthy consolidation, I think everyone had enough of that from 18c down to 6c.. a measured uptrend is better imo.
RNU Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held
