RIV 0.00% $16.20 riversdale mining limited

just broke 8 and 5 yr chart says 10.., page-6

  1. 1,534 Posts.
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    Billy & Mitis, I think you are right . Weekly chart shows more room for an upside. Today high 8.26 has passed 61.8% up (8.07) from H = 12.10, L = 1.555. The next level would be 9.70 (or 9.84 = 78.6%). I think 9.50 is likely. I have not entered (again) yet, as I think DOW/XAO run up too fast. If DOW fall 2 consec. days, market will sell off fast and RIV may fall fast too (ppl take profits). I maybe wrong but I entered ERM (25/26), NTU(19/20) instead. Hope I pick up RIV at right time again. Good luck to you all .
 
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