Ridley Corporation Limited - April 2001

Ridley Corporation Limited - April 2001

I have a long term trade in place on RIC. Here's how I drew it in February. Note early April RIC came back to test that bottom trend line - it held, and is now the place for my stop loss, moved up from the previous low on that trend line. Lets see what happens. A reversal of that long trend down looks in place, though the rebuilding process by the company is not happening overnight.

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