Short Term Trading Week Starting: 15 Aug, page-181

  1. 912 Posts.
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    STTCOMP RBX, TA Long
    Resource Base Limited
    Gold - Australia

    MC ~$3mill
    SP 0.009

    Bullish continuation Pattern – Flag/Pennant
    • Volume was substantially higher over last couple of weeks as it broke out of trading range but has now dropped off as SP has drifted lower.
    • Break out of this pattern on good volume would give conservative target of 0.016
      
    RBX.jpg
    RBX_Vol.jpg

    Cheers
 
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