On September 2, 2009, it is closed at 0.46.
The support shown on July 13, 2009 is 0.445, therefore, Ramunia either will rebound at 0.46 or at 0.445. It should not break 0.445, otherwise, something must be wrong.
The fundamental is right, the technical is not right. The low on July 14, 2009 is recorded at 0.46, meaning 0.46 is another strong support.
Ramunia moved down on September 2 because the overall market is not performing, US market was also down.
If Ramunia rebound either at 0.46 or 0.445, it only means one thing, no matter what the fundamentalist says, it is still technical that matters. It is still price, price, price. When the price is right, it will move.
Let us wait and see, maybe for just one or two days....
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