Thanks for the feedback Riv.
I have traded this stock a few times already this year and find the RSI to be a great indicator. Charting for this year shows the RSI has touched or dipped below 40 6 times in the past 8 months and each time it has rebounded to the tune of 15-20%. The RSI dipped below the 40 mark again this week....about the same time you bought in :-)
Got in today at $10.46, lets hope the RSI trend continues....
retrace trading opportunity, page-3
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Last
$44.42 |
Change
0.360(0.82%) |
Mkt cap ! $10.20B | |||
| Open | High | Low | Value | Volume |
| $44.25 | $44.61 | $43.95 | $12.38M | 279.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1509 | $44.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $44.49 | 52 | 1 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| RHC (ASX) Chart |