We have truly tested the break above the symmetrical triangle which has formed since june. The test back to the yellow upper side of the triangle is reassuring. The testing of/consolidation should soon be complete and proof of the continuation of the trend leading into Junes patten will be provided on a break above the Red resistance line. If a repeat of the trend from Nov 08 to the start of the symmetrical triangle occurs I have a target of 11.20 in 7 months. The break will happen next week, I hope it is up.
happy LT holder
RIV Price at posting:
$6.33 Sentiment: Buy Disclosure: Held