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RMG - Looking good to buy?
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5 years 2 months ago #17288
by Trendfriend
yes its amazing how quickly some stocks bounce back......
from being completely unloved one min.....to all the rage the next! 
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....
atb, wdik, dyor,
trendfriend
Replied by Trendfriend on topic RMG - Looking good to buy?
Paitech wrote: Almost doubled from where we thought of buy!!!!
yes its amazing how quickly some stocks bounce back......
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....
atb, wdik, dyor,
trendfriend
The following user(s) said Thank You: Paitech, cautious tone
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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 
now seeing this at 240p, from 180s....lol even when the FTSE was down today 200points this one was blue...
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
Replied by Trendfriend on topic RMG - Looking good to buy?
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
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
The following user(s) said Thank You: Paitech, cautious tone
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5 years 6 months ago #17110
by Trendfriend
Replied by Trendfriend on topic RMG - Looking good to buy?
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
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
charts attached
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