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Thursday, 20 September 2012

RFMK still loving this play!!!

RFMK has given our members yet another great opportunity to buy support right where we expected it, between .0018 and .0015, Thursday RFMK made a bounce back up to  .0026 to close at .0025. ('round about a 50% flip)
 
 We are aware of the bullishness in this consolidation but do not forget resistance at the 200ma (now an upper trend line in a bullish pennant) and will remain cautious as price reaches .003 area as we buy support and sell/flip resistance not the other way 'round ;-)
 
RFMK remains a long term play and we will bring an updated weekly chart soon. The weekly is really starting to look good and subscribers to chartsbyoriginalnewt should have a decent position already by buying the supports we have anticipated  ;-)
 
Cheers and happy trading!!!
 
 
Daily
 
 
 
SIDE NOTE
 

R/M Play THCB is still in play for us as well, some developments have been coming in (You can keep current with Co. updates here -  http://www.otcmarkets.com/stock/THCB/company-info )


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