RMR 0.00% 4.8¢ ram resources limited

warning - 0.004c at risk of being taken out

  1. 24,192 Posts.
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    Well we had the announcement of land acquisition near Nova which caused the stock to spike up to 0.006c then the stock returned to 0.003c over the the days following the announcement as many of those spike traders exited at a breakeven or loss ...

    ... now it appears the last of the spike buyers is about to be swallowed with (at the time of writing) only 7 mill shares for sale at 0.004 and 47m to buy at 0.003c.

    Once buyers reclaim 0.004c high ground I expect it won't be long after that there will be a retest of the 0.006c Short term high.

    All is IMHO DYOR

 
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