RDS.B, Royal Dutch update

RDS.b oct 8 2014

We had an $87 target well before it got there and are now looking for $62.50 as a minimum. See previous posts for a better look at the triangle that underlies this prediction. The stock has now fallen to $76, about $11 or nearly 13 % below it’s recent peak. The and MACD both suggest a little rebound soon but this downward climb is not over.