RHK 1.86% 82.0¢ red hawk mining limited

sp

  1. 4,245 Posts.
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    Can we stop with the mundane posts on FMS that have polluted FMS over the last couple of weeks. For example, more buyers than sellers - for a period of what 1 hour? (so what); the mumbo jumbo babble that seems to permeate from certain posters; one liners that say nothing at all....

    I'll start (and while I'm at it, would like to see some chartists on board), from where I stand FMS appears very fragile at the moment, but over the last few trading sessions has been gaining a little strength.

    Over the last 4 sessions, the has been a steady rise in the SP, higher highs and most importantly higher lows.

    See below

    DATE*******OPEN**HIGH**LOW**CLOSE**VOLUME

    03-11-2008 $0.059 $0.064 $0.058 $0.061 8,785,129
    31-10-2008 $0.058 $0.061 $0.057 $0.058 9,610,794
    30-10-2008 $0.054 $0.056 $0.053 $0.056 4,070,853
    29-10-2008 $0.054 $0.057 $0.052 $0.053 23,005,591
    28-10-2008 $0.049 $0.051 $0.048 $0.048 9,001,005

    I do hope this continues.

    But as nana pointed out, it failed to hit break through 0.061 twice (resistance) in the last week.......well it broke through that today, and closed bang on it. The SP really needs to move forward into the high 6's low 7's (and quickly), otherwise it will collapse just as fast.

    Just my opinion only.
 
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