First play in the sequence took place and the price got trapped at .002030
I was expecting this move to take place so I distributed my position around .002090 and set my bids accordingly.
The result is that I have added to my long term position through this quick swing as the profits have been used to buy discounted RSR.
Next play I am looking for is a bit of froth depending on Market conditions. If the market is eager for a rally then there will be no froth and we will see a sharp move towards .0029
If the market is on edge we will get a drawn out range and this could push RSR back to 0.0015 before continuing the trend.
If the market decides this is not the end of accumulation phases I could see RSR going 50% lower from it's current price
So far I am happy with my bids and the fact that the gold fish sequence is once again playing out.
I know some of you won't like to hear the potential for RSR to go lower again but it's a reality I would rather start planning for now than later.
I wish you a prosperous week ahead.
I was expecting this move to take place so I distributed my position around .002090 and set my bids accordingly.
The result is that I have added to my long term position through this quick swing as the profits have been used to buy discounted RSR.
Next play I am looking for is a bit of froth depending on Market conditions. If the market is eager for a rally then there will be no froth and we will see a sharp move towards .0029
If the market is on edge we will get a drawn out range and this could push RSR back to 0.0015 before continuing the trend.
If the market decides this is not the end of accumulation phases I could see RSR going 50% lower from it's current price
So far I am happy with my bids and the fact that the gold fish sequence is once again playing out.
I know some of you won't like to hear the potential for RSR to go lower again but it's a reality I would rather start planning for now than later.
I wish you a prosperous week ahead.