RCH richfield group limited

With the priveledge of good information we all know that one can...

  1. 42 Posts.
    With the priveledge of good information we all know that one can make money in the market. It all comes out in the wash, that is, on a chart - whether you are using trend based indicators, momentum style triggers etc etc.

    SO far RCH is looking very very strong and stable at that - the chart shows this. If you look at the substantial buyers in recent days, the chart shows. Good indicators pick it up early.

    But in the end a chart shows just the hard cold picture and numbers and the activity therein. If the chart shows that its weakening, a disciplined TA will sell - no questions there.

    RCH is looking good, so when you have a quiet day or two its just momentum building with a bit of short term riff raff in the mix when many schools of thought (in terms of perceived present value)are involved.

    Dont see any need for questioning the days price action when you have some really realy good days with real hard core volume being traded.
 
watchlist Created with Sketch. Add RCH (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.