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7.3¢ red river resources limited

RVR Chart and Technicals, page-33

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Klotho

5,136 Posts.

799

06/06/17

13:56

Post #: 25124466
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Originally posted by slc4me ↑

Understand.

The market is just crap. The ASX200 below 5700 as I type so very disappointing. As for China who bloody knows? If POZ gets to a $1.00 then I will seriously consider bailing but until then I will hold tight. Bought some at 19c yesterday so still have a reasonable level of confidence things will be OK. I prefer to see the glass as half full at the moment with the fall in the POZ further delaying any mines that are on hold/care and mtce from starting up again.

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RVRs chart shows a double top which generally indicates a drop. Thought about bailing also however decided to hold as the zinc price will turn and may run strongly. IMHO

RVR Price at posting: 18.5¢ Sentiment: Hold Disclosure: Held
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