RRR - Red Rock

A 7% rise today with a narrowing of the spread, Finished above trend line. If it holds and stays above 1.10 tomorrow then we are on an uptrend. DYOR if investing and gud luck

Decending wedge - Very Bullish Macd - As you can see from my posted chart Red rock is a classic decending wedge - Statistically 70% chance of Breakout to the upside on the chart alone combined with Bullish Macd - brings that chance upto 80%, Even though I don't do Fundamentals (too much work) I believe the company has sold one of its assets and is awaiting confirmation - Last RNS states this will happen before 11th Feb (incidentially roughly where the decending wedge meets) - Only downside is the large spread which will narrow as the date becomes close - Good buy in price 105 to 115, if sale goes through expected then the price will open up around 160 (at least a 40% profit) I personally will be holding out for 3p. Again do you own research and don't spend money you can't afford to lose (I sound like me dad) Gud Luck all