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Bruce72

26,644 Posts.

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20/12/16

10:25

Post #: 21453455
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Originally posted by Bowser. ↑

AGO - on what indicator is it overbought?

Hi Bowser. it has been a nice, strong recovery from 0.9c in early October.

also recently off 1.7c after filling the gap. Daily RSI peaked in the 70's when it hit 3.2c recently. If it can't get through 3c, it will start to come back again and I will look at re-entering.

Fundamentals - is well placed with where the IO price is and they would be making approx. $25/tonne profit from my calcs and no doubt will have their debt paid off sooner than later. I was buying when they were bleeding and the IO price had just hit $37 and several DH global analysts were calling that IO was going to hit $25 - manipulative bullshit artists !

get on CDV, there is a short term gap to fill at 33.5c...

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