RVR red river resources limited
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RVR Chart and Technicals, page-4

  1. expectancy
    408 Posts.
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    24/05/17
    01:15
    Post #: 24871359
    Break of of downtrend line and two swing point highs after double bottom chart pattern.
    I would conclude that the correction is probably over for the time being.

    Minimum profit target for double bottoms is:
    Height of pattern + (Height of Pattern - Low of Pattern) = 0.20 + (0.20 - 0.17) = 0.23

    Daily Bar Chart
    RVR Daily Trendline Break 2017-05-23.png
    RVR Price at posting: 21.0¢ Sentiment: Buy Disclosure: Not Held
    Likes Created with Sketch. 9  Upvote
    lightbulb Created with Sketch.  Great analysis
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