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RMG - Looking good to buy?

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5 years 6 months ago #17102 by Paitech
Replied by Paitech on topic RMG - Looking good to buy?
This one has cone a long way from the lows of 120s...

Looks to have borken out too nicely....

I guess may be bit late to join the party? Unless it retests the breakout ?
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7 years 2 months ago #15618 by Trendfriend
rmg - daily.
uk.advfn.com/p.php?pid=chartscreenshotsh...TqTclz+Ccd8yifT9oEc=

possible signs of a bottom here imvho....nice rsi divergence...sand long wick candles....

looking to buy the dips here....confirmation only on close above 315p needed for move towards 350p...

atb, wdik, dyor,
trendfriend :)
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7 years 3 months ago #15524 by svg123
Replied by svg123 on topic RMG - Looking good to buy?
I think a close above 370 will lead way to 390, 400.

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7 years 3 months ago #15520 by Paitech
Replied by Paitech on topic RMG - Looking good to buy?
Looking like RMG is trying to break out 363p?

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7 years 4 months ago #15454 by Trendfriend
RMG - Monthly.
uk.advfn.com/p.php?pid=chartscreenshotsh...mEpkavLiB2Eoyp4ejes=

The monthly chart shows the whole trading history of RMG stock.

the current drop has taken the taken the stock below the trading range....so unless we get a close back above 368p.....and then 390p, this is very likely to move lower imho...

So a long at 368p, is ok...but be flexible at around 390p ...but at this moment it does seem as those 2 numbers are support levels that have become resistance imvho...

atb, wdik, dyor,
trendfriend :)
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7 years 4 months ago #15453 by Paitech
Replied by Paitech on topic RMG - Looking good to buy?
Hello guys,
Anyone keeping an eye on this?
Fallen more than 35%in 2days.
Was thinking 360p a good price, but has hit sub 350this morning....
Thanks G

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