It appears RSG has broken out of the ascending triangle.
The breakout momentum buyers are all over it.
Next strong resistance at 1.10
I think it will stay there till July.(1.05-1.15 range)
(exception of Gold price strong positive movements and insiders knowledge of things happening at the site)
RSG share price is indeed climbing a wall of worry. So much hate and negativity, most of it for good reasons.
But the last few months news flow was suggesting the business is getting into better shape.
The naysayers have lowered their voice. Better days ahead for RSG.
Looking to buy more on a pullback.
Hedging Information, page-22
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Last
67.0¢ |
Change
-0.075(10.1%) |
Mkt cap ! $1.426B | |||
| Open | High | Low | Value | Volume |
| 71.0¢ | 71.0¢ | 66.5¢ | $13.63M | 20.05M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 485586 | 66.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 68.0¢ | 282407 | 7 |
View Market Depth
| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| RSG (ASX) Chart |