Rising into big selling volumeIf it holds .60 seems bullish due to selling be absorbed, otherwise looking for it to dip to high volume node at .40 and rise on fundamentals.
RSM0 trade ideas
Resolute Mining buy, buy, buyRSG, buy arrount 0.30 earn at 110.
No Risk , no SL hold strong and earn much in the next Years.
A Stock for happy Days. MAX. 1% from your Accountvalue
RiskMastery's Breakout Stocks - RSG EditionWelcome to RiskMastery's Breakout Stocks - Stocks with breakout potential.
In this edition, we'll be looking at ASX:RSG ...
I believe this code is at a point of potential volatility.
If price can hold above $0.425 ... Bullish potential may be unlocked.
My key upside targets include:
- $0.510 (Conservative)
- $0.590 (Medium)
- $0.720 (Aggressive)
If however price falls below $0.380 ... Bearish risk potential may be unlocked.
(My key risk targets - C, M,& A - are as noted on the chart)
Enjoy, and I look forward to being of further service into the future.
If you'd like to connect, feel free to reach out and comment below.
Mr RM | Risk Mastery
Disclaimer:
This post is intended for educational purposes only - Publicly available RiskMastery information & content is not intended to be financial advice in any shape or form. Please do your own research and seek advice from a licensed professional before acting on any of the information contained within this post. This post is not a solicitation or recommendation to buy, sell or hold any positions in any financial instrument. All demonstrated trades are merely incidental to the educational training RiskMastery aims to provide. You are solely responsible for your own investment and trading decisions, of which should be made only according to your own opinion, knowledge and experience. You should not rely on any of the information contained on this site or contained in any RiskMastery material on any website or platform. You assume the sole risk of any trade or investment you elect to make. RiskMastery and affiliates shall not be liable to you for any monetary losses or any other damages incurred directly or indirectly, from your use, reliance or reference of RiskMastery materials, content and educational information. Thank you for your understanding and cooperation - We look forward to working with you into the future to navigate the fine line of trading and investment success.
RSG setup looking goodRSG looks to have found a bottom.
short term - wedge setup .....
need 2 break out confirmations and ill buy more.
long term ., RSG is at the lower band of the range.
pick a bottom and hope RSG doesnt go bust like
TRY and BDR.
RSG falling wedge setupRSG @ support levels for long term
and short term charts.
falling wedge setup on the daily chart and
long term support @ 22 cents.
sentiment on GOLD has been quite negative so
time is close to load up on the gold miners again.
RSG is one of them.
GOLD USD/OZ vs RESOLUTE MINING ASX: RSGa quick comparison of gold price vs resolute mining ASX:RSG.
RSG doubled it's shares on issue between 2014 to 2021 so the price chart is a bit misleading.
$RSG $RSG.AX #ASXBroke the long term down trend, holding the reversal trend so anyone that go in early may see a tidy a little profit.
Resolute Mining has great opportunity for a substantial recoveryResolute Mining could be at the edge to build out a bullish Wolve Wave Pattern.
RSG @ supporttake a punt and buy RSG @ support level
its been in a range trade for 20 years.
buy the "fear"
Resolute Mining RSG - The start of a new trend?Gold & gold miners, how out of favor they have been.....
Treasury yields are rising a bearish sign for gold? perhaps...
YCC is around the corner, this will provide the catalyst for a reversal from bear to bull.
TP zones as marked, Goodluck.
RSG - Long RSG on the hourly time frame, since the march 2020 fall has shown a recovery, followed by consolidation. This consolidation has come close to the previous low - approx. 90%
As long as a lower-low is not breached, this could be considered a great place to enter a long position, aiming for targets 1,2 & 3.
If a lower low is made (as indicated on chart), chart is considered void.
We can see a long term channel which has developed since July 2020. Pricing has ranged within this channel up until November 2020, where it is now obvious the rate of low-lows is decreasing, indicating building strength.
This particular pricing behaviour is coinciding with an RSI that is setting higher-highs. RSI has remained within an ascending channel since earl august.
There is potential to catch an impending bullish move, providing you adhere to a tight stop-loss.
Potential ROI could range from 40% up to 220%
If stop-loss triggered, expected loss would range between 3-10%
RSG ReversalGold price on the rise, RSG producing gold at half the current price, looking for 1:5 RR
Resolute Gold hits supportWith stike action sorted in Mali and guidance update, RSG has set up a nice little chanel heading forward.
www.asx.com.au
RSG short term tradeinv. h + S pattern + confirmed break out
price is in a current uptrend.
RSI = up trend
ASX:RSG DOUBLE BOTTOMDaily has a nice Double bottom setup, price needs to break the supply level for confirmation , it may make a Head and Shoulders Pattern as well. On the weekly we can see a trend line break out to make a wedge pattern
$RSG - bullish reversalRSG short term target $1.30 - $1.35
A bit of over hang to clear. In a bullish uptrend.
News flow and volume should push the share price higher.
Gold & RSG disconnect RSG has been following Gold and decoupled on the pullback and has yet to catch up.
Long position with a target of Gold 1350 and RSG 130-135 in the short term
RSG.ASX - Share prices are heading towards a breakout pointThere are some buying going on at this price level as share prices approach the resistance trend line. Hope there are enough buyers to push it through. A critical resistance price point is at 1.23 and support at 1.180
