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RMG - Looking good to buy?

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5 years 2 months ago #17288 by Trendfriend

Paitech wrote: Almost doubled from where we thought of buy!!!!


yes its amazing how quickly some stocks bounce back...... :ohmy: from being completely unloved one min.....to all the rage the next! :lol:

rmg- daily
uk.advfn.com/p.php?pid=chartscreenshotsh...oSEDA3q7RWbkSV1p0%3D

i think this rally should fizzle out soon....although it is possible to continue the swing higher towards 400p pivot level.....but 350/360p could well be a top imho.....
followed i think by a retrace towards 200/220p area.....which looks like a neckline resistance that should now be strong support ;)
certainly a strong buy if we see that area.... :whistle:

atb, wdik, dyor,
trendfriend
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5 years 2 months ago #17285 by Paitech
Replied by Paitech on topic RMG - Looking good to buy?
Almost doubled from where we thought of buy!!!!
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5 years 5 months ago #17144 by Paitech
Replied by Paitech on topic RMG - Looking good to buy?
I didnt buy as I was bit of a chicken :D
now seeing this at 240p, from 180s....lol even when the FTSE was down today 200points this one was blue...

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5 years 5 months ago #17135 by Trendfriend
rmg - daily
uk.advfn.com/p.php?pid=chartscreenshotsh...s1gu3RbyOcIvd3H23iE=

did anyone buy these??
continues to make higher highs...

i was watching it and looking to get in....but missed out....was caught out with the bounce...

atb,wdik,dyor,
trendfriend :)
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5 years 6 months ago #17110 by Trendfriend
rmg - daily
uk.advfn.com/p.php?pid=chartscreenshotsh...fZnVHNEMV0GIqSk2w%3D

main pivot level at around 189/90p

rmg - daily close up.
uk.advfn.com/p.php?pid=chartscreenshotsh...2FPtXfxIMKDo%2FOk%3D

closed right on the pivot level....i don't think this go any lower....looks like a retest of the that pivot level then back up imvho.....and the rsi needed to cool of as it climbed above 80....
i think this is worth a long with a stop below the 5 day ema line.... ;)
this looks bullish and should make a higher highs....but if 184p area fails on eod close then it could go a lot lower.... ;)

atb, wdik, dyor,
trendfriend :)
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5 years 6 months ago #17109 by Paitech
Replied by Paitech on topic RMG - Looking good to buy?
Would this re-test or fall through....

charts attached
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