RHG 0.00% 50.0¢ rhg limited

strong start today, page-8

  1. 183 Posts.
    The volume was driven by small traders taking
    positions on the advice of a tip-sheet and they
    were met by a solid wall of sellers at every advance.
    The rise, imo, is technical and if you look at the depth
    you will observe a number of traders queing to buy at
    around 33/33.5c. They are the technical traders who
    know that the chances are that following the recent
    rise the price will likely retreat 3/8ths of the 11 or so
    cent rise.
    It's a purely tech traders play right now imo and i may
    trade if correct levels are reached but you're dreaming
    if you think that some major institution is trying to get
    a foothold.
 
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