If Raya were a blue chip like BHP and household name I would tend to take more notice of the charts as to me they represent many opinions .The reason I won't take too much notice of the charts in Raya at the moment is it is mostly infested with hard boiled small investors and "pirates " not too much of the broader investment community have entered or mum and dad investors who have received advice off brokers and financial planners and you wouldn't have such low volume and it wouldn't be a 25 mill company. Notice how some of the space cadets appear at least the very moment temporily gone missing , they are obviously watching the charts and using that analagy for a reason to come in and out and bag the technology
\ The pivot point will be when and if the technology is adopted which does appear to be promising , not low volume chart movement,
as I said in an earlier post investors were buying like mad Suncorp shares when Sydney just experienced a huge storm phewww!!!! blurghhhhh!!!
RYG Price at posting:
3.4¢ Sentiment: Buy Disclosure: Held