RIV 0.00% $16.20 riversdale mining limited

chart for zara12

  1. 25,374 Posts.
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    Hi
    you have a very nice technically compliant stock here
    I have marked the last two buy and sells with vertical lines
    Im sure you can see how these are confirmed by rising and falling oscillators.
    As an added precaution and because it has just stalled on a fibline resistance it may be worth waiting for it to resume trading above its 25 period exponential moving average (Yellow broken line) as you can see that this line back tests as a very good stoploss level... thats if are not already long..
    please get back for any detail you may not understand
    or if I stuffed something up...LOL
    other TA views welcome

 
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