RIV 0.00% $16.20 riversdale mining limited

We have truly tested the break above the symmetrical triangle...

  1. 795 Posts.
    We have truly tested the break above the symmetrical triangle which has formed since june.
    The test back to the yellow upper side of the triangle is reassuring.
    The testing of/consolidation should soon be complete and proof of the continuation of the trend leading into Junes patten will be provided on a break above the Red resistance line.
    If a repeat of the trend from Nov 08 to the start of the symmetrical triangle occurs I have a target of 11.20 in 7 months.
    The break will happen next week, I hope it is up.

    happy LT holder

    RIV Dec break
 
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