IMO there is actually is a good chance for a breakout from this green channel now, especially if it finds support on the 200sma.
i'm keeping an eye on those other two possible support levels too, for a possible re-entry.
but i'm not entirely sure about how things are playing out now fundamentally. starting to feel like we are going to see either a cornerstone investor, or else a material cap raise, either of which will add too much liquidity for my own strategy. so i am happy to wait it out a bit and see how things play out
RHM Price at posting:
33.0¢ Sentiment: None Disclosure: Not Held
