Consolidating for now might move higher later #RRS #UKshares

33 0
Recent price action in the Co.'s shares has been bullish since the start of the year, Price has push but fell short of testing the 8000 level. The miner has now now found itself in a consolidation range between 7585 and 6800 and is largely dictated by volatile gold prices. At each end of that range we find price stick between areas in which many shares have been traded at price. Where 7400 and 6800 both represent mean value in previous consolidation periods. The RSI is just hovering in bullish territory above the 50 level but this came after a bullish hidden divergence was observed around the Mar 12th when it entered the oversold area, this is traditionally a bullish sign and it seems the market are looking to settle around the 7000 handle.
Kind regards

Rajan Dhall MSTA
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out