07 May 2012

Randgold Resources (RRS)

RRS has come into view.  It is one to keep an eye on but the coup in Mali has certainly created some uncertainty!

The multiyear uptrend has been broken

and the moving averages are pointing down
 I am going to wait for this to find a bottom before jumping in (which it may already have).  I will use teh moving averages to help 'confirm' a bottom is in place.

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