RIV 0.00% $16.20 riversdale mining limited

Good article, Mike .... kinda vindicates my long positions in...

  1. 9,081 Posts.
    Good article, Mike .... kinda vindicates my long positions in both RIV and RIO. Both stocks are looking good from a technical perspective.

    RIV has broken convincingly through the key $6.50 level on expanding volume and the s/p is comfortably above the moving average .... and MACD is rising - all bullish signals.

    The strength of the run in RIV could see it challenge the $12 resistance before too long ... I intend to stay with it until the current strong trend reverses. ( The JBH saga is a good lesson in staying with the trend and paying heed to technical signals).

    Good luck with this one, Mike. I reckon we could be on a winner.
 
watchlist Created with Sketch. Add RIV (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.