technically and fundamentally

I've been watching RXM for 6 months and telling myself not to jump in until I thought it was about to start moving. Today I jumped in.

On a long term chart the rounded bottom looks great. It's had two shallow troughs in forming a double bottom.

The 50 day moving average has acted as resistance on no less than 6 occasions in the last year. Today it was broken on 2.5 times the average volume.

I'm sure everyone here is familiar with all the fundamentals. A process engineer colleague of mine who knows SA mining companies back to front (fairly sceptical about most of them) and has worked extensively at OD believes that Hillside will become a project. I don't usually get swayed by opinions but this guy really reinforced what I already thought.