RIV 0.00% $16.20 riversdale mining limited

That was quite an odd trading day..L 5.55H 6.21C 5.82Double the...

  1. 1,605 Posts.
    That was quite an odd trading day..

    L 5.55
    H 6.21
    C 5.82

    Double the average volume, at 1.24M shares. 5.8% is quite a hefty drop considering the rest of the market.

    I would say that someone has been acccumulating during the trading band over the past 4 weeks, last theur nerve, and bailed.

    There is TA support at current levels. Could be worth a buy here; otherwise best to hold off to see if it reaches the $5.00 mark.

    RIV , actually down 15% in the last 4 trading days.


    Cheers, Skip


 
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