RSG falls on the open to trigger the stop loss and lock in a small gain

Closed Alert RSG

RSG opened weak and triggered the Stop Loss level to close the alert with a small gain at 1.225

 

Previous Alert 17/4/18

RSG – Resolute Mining Limited

RSG has continued to push higher so we are now adjusting the partial exit target to lock in some gains. We are happy to drop the partial exit level to 1.375 to lock in 50% and will watch for further higher lows to build for a chance to raise the remaining risk level.

 

Stock Code : RSG – Resolute Mining Limited

Company Website : www.rml.com.au

Current Price : 1.335

Previous Buy Entry (Trigger Level) : 1.21

Sell Exit Zone (Stop Loss) : 1.225

New Potential 50% Partial Exit Zone (Target) : 1.39

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