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Tuesday, 2 October 2012

RFMK Breakout!!!

IF you have been playing along since we first brought RFMK up in our alerts you have seen a potential of up to 200% through this recent consolidation!!!
(That's 200% durring consolidation!!!)
Just buying support and selling resistance. Keeping a core position for breakout we are now looking for more!!!
 
Price broke out on Friday with relatively avg. volume. I was wanting to see price hold above the 200ma/upper trendline to confirm the breakout and todays price action and volume was great confirmation.
Here's the daily chart
 


I won't get into much detail on the weekly until the week is done, but here are the resistances marked at .004, .005 and .007
 
 

 
 
 


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