I'm holding off buying more at the moment due to the fact that the XJO is currently getting smashed again and the MACD indicator on the daily looks like it'll cross the axis in tomorrow trading session. Will be interesting to see how much further it'll fall. IMO that's where some of the sellers came from today, nevertheless, still a nice opportunity to snag some cheap shares if you can manage.
In regards to the MACD indicator on the RDG daily, it looks as if it'll see some nice buying pressure come in within the next couple of trading sessions. We saw some decent orders go through near the end of last week, looking for that again XJO may postpone that however.
All in all, exciting times ahead. Let's hope for a nice acquisition!
All in my own opinion,
Dalto24
RDG Price at posting:
2.1¢ Sentiment: Buy Disclosure: Held
XJO may postpone that however.
