Hi PLM,
Well, you didn't quite get your primary wish of a 4.5 close, but you got your secondary wish of 4.4.
There were great signs today, there were a few sellers out there early, maybe purely through impatience or maybe they were tree shakers but either way, they were there. I have to say I was frustrated with the early stages of the day but buoyed by the afternoon rally.
I was particularly impressed by the strong support at 4.2c. I believe that there are many factors for this including the nearology factor. I have high hopes for further support tomorrow if we don't have news before the open. It is important to be patient with most stocks and this is no different.
RTL has so much potential and on the back of the upcoming news, we could see a serious re-rating if the news is as promising as some suggest. I have traded in and out of this one for the last couple of months now, but I am definitely in now at least until the next announcement. If things go as planned, it will be a lot longer than that though!
Good luck to all.
T-JAM
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