New Buy Entry Alert RSG

 

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

 

 

Previous Alert 25/1/18

RSG – Resolute Mining Limited

RSG is getting a nice lift today on the back of higher gold prices overnight so we are now watching for the recent strength to continue. We see buyers lifting price out of contraction for a new leg higher. We are watching now for a deeper pullback to washout more buyers and build a higher low.

 

Stock Code : RSG – Resolute Mining Limited

Company Website : www.rml.com.au

Current Price : 1.16

Status : On watch for buy entry setup