Short Term Trading Week Starting: 8 Jan, page-201

  1. 7,161 Posts.
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    RFN looking good pennant formation and 4.4c range hugs churn andhasnt broken down suggests next leg up with a longer text book cup and handle formation.

    Completely new mgmt, cash in bank, blockchain tech and revenue coming in door. Very low cost structure under new mgmt.

    Lots of stale ex holders but this is the real deal now. Nice churn of profit takers and this level is the real run up level..

    Expect a technical break out to 6.4c range next couple of weeks and FA news expected across multiple verticals.
    Strong expected included acquisition should see this move well north of 15c-20c over next month.

    They are using blockchain with current platform so that’s exciting !!
    Last edited by ryobal: 10/01/18
 
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