RRS - any thoughts?

Please Log in or Create an account to join the conversation.

Replied by redchilly on topic RRS - any thoughts?

Agree WR2

I have gone long on break of previous high ( 3963, 3 of 123 low) @ 3980
SL is below 3916

Please Log in or Create an account to join the conversation.

Replied by redchilly on topic RRS - any thoughts?

follow up chart and its a free trade ( WR2 I owe you a pint!)

SL moved to below today's low

Please Log in or Create an account to join the conversation.

Replied by Jackozy on topic RRS - any thoughts?

This is approaching the main downtrend resistance so possibly worth a short. I'll be watching that RSI though as if that breaks out first it could signal an upward breakout instead:

dl.dropboxusercontent.com/u/20815047/FTS...RRSdaily02_02_14.png

Please Log in or Create an account to join the conversation.

Replied by redchilly on topic RRS - any thoughts?

I have added to my Long position today

SL for the entire lot moved to below yesterdays low - 4300

Please Log in or Create an account to join the conversation.

Replied by redchilly on topic RRS - any thoughts?

SL moved to below today's low of 4688
momentum is reducing on this one so time to lock profits on this one too!

Please Log in or Create an account to join the conversation.