RVR 0.00% 7.3¢ red river resources limited

RVR Chart, page-13

  1. 7,646 Posts.
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    I know it is going heavily into oversold territory on MACD,RSI, and Stochastics but when the fundamentals are so strong the technical don't matter at all.

    Recent run of SBM (not last couple of weeks) is the prime example, it defied all technical signals and kept on moving up and up purely based on fundamental.

    however I do agree , I didn't buy today just cos on the charts it was heavily over sold.

    this is going to 44 cents before we see retrace I think.
 
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