RHM 0.00% 30.5¢ richmond mining limited

"trying to find pitchforks that FIT well, rather than pitchforks...

  1. 1,014 Posts.
    "trying to find pitchforks that FIT well, rather than pitchforks that are correct." - That is probably one of the best things ive heard in a long time :)

    Just constructed another chart with my opinions..

    Orange/ Peachish Box showing a great deal of action (sideways). Would be good to see SP bounce of the 611% on the fibs, as mowibble stated, becuase it should kiss this box good bye.

    Also the 41 EMA is floating nicely near the 61% on fibs which gives me further confidence that RHM SP will bounce of the 61% region.

    Found a couple of repeating ranges, So ive got another ST Target of 0.53-0.55... by Jan or Feb.

    However, if fundementals are extremely great things could be much better. PFS is not due until way after the target.

    Btw, for what it counts, it look like a CUp and Handle Formation has formed.... A very deformed/ugly looking one, but would be interesting to see if it flies after the downwards hand is formed. Not counting on it... but definatley would be interesting.
 
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