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6,059 Posts.
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29/01/12
20:21
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Hi Dookie,
Interesting view point you offer.
I have a contrarian view and have had ROB on my watchlist.
On the weekly, macd to the negative and momentum is so.
On the daily, MA shows weakness, macd still isnt positive and momentum still weak.
When the stock isnt trading up the rsi will alwaysa show weakness and untilit moves rsi cant be a guarantee.
It may move, but i still view this as a gamble as confirmation of any move is still up in the air...
Hey that could change tomorrow though...
Cheers
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