Maybe you should chase a bit Drill. No need to chase RMS now since that backlog at 85 cents but I still think it will be taken out before the days end.
I am in for a few more at 84.5.
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Maybe you should chase a bit Drill. No need to chase RMS now since that backlog at 85 cents but I still think it will be taken out before the days end.
I am in for a few more at 84.5.
Ahh, upped my ord to 83.5, the last hour can be direction maker so we will see~!
Souly, I am top of the cue at 83.5 and getting my order filled by BOTs.
Edit.
Order now filled~!
Good luck Drill. RMS should really run to 90 cents tomorrow.
Yes indeed souly, my take is at least 91c looking at my 60 min intraday ema's
The daily chart is also shaping up quite nicely, with a break above the 13ema on the daily.
On the lower indicators, MFI is low still though and its a slow move by looks of it, but then different sector and different stock so can expect that.
This one might take a little bit longer there souly, perhaps next week will be the magic run?
As IMO, if this can eventually break past 91c then no doubt $1.00 should be achievable.
In the meantime I see MAD has now done a flush since rising to 1.095, perhaps an entry? Although some MACD histogram divergence moving down so if 1.00 dont hold then we may get another 95c test.
So with both, as always time will tell.
Strong close at 89 Drill.
Yep, all good souly, if the momentum can break past 91c then I am in for more to add to my position.
For other readers, just to back up any possible talk of this move instead of thinking that we are rampers here or something so I will back up such speculation by throwing up a daily chart showing previous declines and gains had from previous bounces
which seem to be consistent.
Here is an updated daily chart via ProRealtime.
RMS Daily > http://www.imageurlhost.com/images/a...wtxnp4_RMS.png
Daily indicators also showing positive movement in favour of potential moves, however bare in mind that market conditions also can nullify such moves also, as it does with many a stock with a nice setup.
ps: PRT seems to show resistance at 92c though. Ahh well.
Now ain't that the truth.
So much for a run, but rather, we cannot plan or depend on a chart to behave on a certain demanded day or time, but perhaps over time.
Souly this still may do it, but it needs the backing of the overall markets Tide to be on side.
May just sit on this and see which way the tide flows.