Following Rand Merchant Investments distribution and markdown (see posts below) since 2018 price has marked down significantly. Volume has been increasing on declines and decreasing on increases. RMI is weaker than the market. Price is now approaching a significant volume node from the previous markup. However, there has been no significant volume spike indicating...
Rand Merchant Investment (RMI) Holdings is an investment holding company with a portfolio of insurance and investment products targeted at the commercial, corporate, retail and public sector. The group’s history can be traced back to 2010 with the spinning off of insurance assets from Rand Merchant Bank (RMB) Holdings, FirstRand and Remgro. RMI Holdings shares...
I was attempting to share how well RMI sniping is currently working on the 1 min charts,
but trading view wont allow me to share ideas for anything under 15min...
So here it is in 15 min... trust me it's much nicer on the 1 min.