RSG continues to push higher so time to lock in some gains

Current Active Alert Management RSG

 

RSG – Resolute Mining Limited

RSG continues to push higher as gold rallies thanks to a potential trade war. We see the potential for price to continue to kick on strong but are also happy to lock in a partial exit to reduce the risk. Watching now for a push up to 1.39 to lock in some gains and moving the risk level up to 1.17 from 1.15.

 

Stock Code : RSG – Resolute Mining Limited

Company Website : www.rml.com.au

Current Price : 1.32

Previous Buy Entry (Trigger Level) : 1.21

New Sell Exit Zone (Stop Loss) : 1.17

Potential 50% Partial Exit Zone (Target) : 1.39

Status : On watch for continuation higher

 

 

Previous Alert 23/3/18

RSG – Resolute Mining Limited

RSG has taken a little while to gain some traction but it is finishing off the week strong. We are watching for a push through 1.265 to new highs as buyers take control. Happy now to also to raise the risk level to 1.15.

 

Stock Code : RSG – Resolute Mining Limited

Company Website : www.rml.com.au

Current Price : 1.255

Previous Buy Entry (Trigger Level) : 1.21

New Sell Exit Zone (Stop Loss) : 1.15

Status : On watch for continuation higher

 

 

Original Alert 27/2/18

RSG – Resolute Mining Limited

RSG is playing out nicely and holding higher lows after clearing out a few buyers. We are happy to buy with a push up through 1.21 and hold risk at 1.05. If price moves lower below 1.05 prior to entry, then we will re-assess the alert.

 

Stock Code : RSG – Resolute Mining Limited

Company Website : www.rml.com.au

Current Price : 1.16

New Buy Entry (Trigger Level) : 1.21

Potential Sell Exit Zone (Stop Loss) : 1.05

Status : On watch for buy entry trigger