The recovery in Royal Bank of Scotland (RBS) has further to go, says Warren Firth at www.globalprimepartners.com.au.
Gann Theory suggests that the price is destined to rise to 500p, a breach of which level will open the door to a move to 900p in the longer term. Traders should buy, targeting 500p. Longer-term investors should target 900p. Exit on a break below 290p.