RHK 0.64% 79.0¢ red hawk mining limited

yesterdays shortsell report, page-2

  1. 24,192 Posts.
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    Agreed my short term target (1-2 weeks) is mid 20's initially. Technically we have a break out above a reverse head & shoulders pattern (which took 12 months to form) which gives me a target in the mid 20's.. .. There have also been several broker reports which have similar targets...

    I expect that we will not get to the mid 20's without some form of mini retrace .....so expecting a drop back to say 18.5-19c before 2nd rally up to the target initially and perhaps beyond.


    Time will tell.
 
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