RSG 0.00% 64.0¢ resolute mining limited

shorters are running for cover, page-13

  1. 274 Posts.
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    For the charters out there, I can't seem to be able to insert my chart but I will point out the following.

    RSG has:

    -moved through the 40 day MA which is now pointing up (ST trend up)
    -shot through the 200 day MA, found resistance at the Fibonacci 50% retracement ($0.735)and then just settled above the 200 day MA

    The 200 day MA determines the long term trend (IMHO) so it will be a big plus if the stock can hold and even better if it then pushes through the Fibonacci 50% retracement at $0.735. If it can settle above this retracement I have a price target of $1.21.

    The key is the gold price, which seems to be pausing for a breather.

    Good luck all
    Hermin

 
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Last trade - 12.23pm 15/08/2024 (20 minute delay) ?
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