Tuesday, June 12, 2012

Ramunia 12/6/12


Ramunia closed @ 0.385 which is above 0.38 level since the past two days, however with small volume. 

In my opinion, since early of May 2012, the prices was within 0.36 - 0.39, which could signify accumulation stages; with low volume too like the past two days.

Let's watch on the coming days of what is to happen next. Probably, it will still continue its accumulation progress or maybe it might be spiking with higher volume coming in then, who knows? 

Let's use 0.38 as the current support as of now. A stronger support would be @ 0.365 level.

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