I believe that the gold fork has been giving us a good guide to the trading of RIV since November. Its been respected all that time
The magenta resistance was one line of resistance within the fork which has now been broken. Now we will, until proven otherwise, trade with in the gold fork. Apart from todays gap on open the upper tine is one SP target.
When using pitch forks we remember there is always a gravitational pull towards the middle tine....
Yes I am confident of more upside after todays action.
I made my 1120 call in Dec 09 in post 4845374 and here is an update of how that is progressing.
RIV Price at posting:
$9.43 Sentiment: Hold Disclosure: Held