DM mate, the similar situation has happened many times on RTL. This one is probably the best stock u can find on ASX to scare out the faint-hearted lol.
I remember the MD looked really sick at 1.4 just 2 months ago & then at 1.6 just a couple of weeks ago. Now the pros are at gaming mode again.....Nevel fails to surprise me how many retail holders can be caught out by pros' games.
Anyway, we have higher low, charts trending up & the fact still remains - if RTL breaks out of 2.9 then 3.2, it'l be the best-looking breakout charts u can find!
If u go to weekly charts, there is no historical resistance up till 15c! So the worries of historical stale holders selling between 3-10c is significantly reduced. I will put together a daily & weekly chart when the news is out, but for now Im hoping as many impatient traders flushed out as possible.
GL all
JL
DM mate, the similar situation has happened many times on RTL....
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