RRS is expected to rise in value due to the upcoming dividend payment on the 22-23rd of March. Randgold only pay dividend once a year so it's kind of a big deal for those, who try hunting them down. In this case we're talking about a £145/share payment.
Also, Randgold's political problems in the Congo are expected to take a positive turn due to the original...
Thursday’s rejection at 10-DMA and a weak daily close coupled with the breach of the rising trend line on the RSI has opened doors for a drop to 7140.
On the higher side, only a daily close above 7700 would revive bullish view.