MASSIVE BREAKOUT : RML STOCK ANALYSIS | RUSORO MINING STOCK

#canada #rml #rusoromining
@satyajitdasgupta
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MASSIVE BREAKOUT : RML STOCK ANALYSIS | RUSORO MINING STOCK

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Hello friends welcome to my channel and thanks for watching this video so we’re going to discuss about rml stock or rusoro mining limited now first of all this particular stock is listed in Canadian Stock Exchange and the currency will be in Canadian dollar so please

Take a note of it now when we do look at the big trend of rml stock or rorro mining limited you can clearly see a massive breakout that has happened and uh it’s after a decade uh and you can clearly see the breakout that has happened after you

Know more than a decade so after 2011 so it’s like uh 12 or 13 years after that you can clearly see this massive breakout now all we want right now before thinking about any further upside is the sustainability at or above the breakout level so for rml stock first of

All it is mandatory for rusoro mining to trade and sustain above 44 simultaneously 4 will be our stop- loss so please don’t go below 4 otherwise the downside will start again now because there has been a massive breakout and it is trading well above 44 and if it will

Continue to do so we have two big targets to be looked at but in the next couple of months or years so don’t try to time the trend and whatever we are looking at is uh for the next couple of years or for the

Long term so when we are do when we do look at the price chart what one can see over here if it continues to trade and sustain above 044 is your first big Target which is 4.68 and if it even surpasses 4.7 or more you will see an extension towards

$13 but in the long term so basically with this massive breakout what has become active is this highlighted section and that is something which you’re going to look at but it will take its own sweet time so go with the flow and don’t go below the support and the stop loss

So this is the end of the video thanks for watching