Nice alignment of FA and TA occurring. Fundamentally, a roadshow in San Fran next week after sealing a lucrative deal in the Japanese market. Technically, the stock has possibly found a bottom around 15.5c (first touched on yesterdays low volume day) and today is showing greater volume with a line wipe of 16c. Might be too early to call...certainly another dip to 15.5c then back to 16c+ to show the strength of the support would be a stronger signal...but perhaps its onwards and upwards from here.
RGS Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held