Current Trade

Tuesday, January 17, 2012

RM.V Rodenia Minerals - Throwing Darts

There a few good looking charts as they pertain to being oversold or are just throwing a buying signal using the charting trading system described on the right...

One of my favorites is the electric car movement so strategically implemented in the last global crisis of the mortgage debacle and subsequent bail outs... Car manufactures to be specific...

Lithium plays that have good solid fundamentals (RM.V) are few, and even so the speculation focused on them was wasted in the middle of a broad market down move...

This has changed for the moment with the  last part of winter closing in with the early part of spring in sight... as the best 4 months for trading unfolds.


Rodinia Minerals (RM.V) is looking particularly good from a relative high to a very oversold low using indicators set for longer term interpretation. The reversal bottom is present, and printing a higher low.

There is still a bit of resistance and chop, but if charts can be right once in a while... this is a good looking potential pop. To much to resist.... I'm in... IMOP .16 to .20 cents is good positioning... with .18 cents looking to be the higher bottom being put in...  Rodinia Minerals


GLTA Lostoutwest


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