one man's triple top is another man's double bottom........ I reject your reality and substitute my own : )
Only time will tell I suppose, personally I believe that even with the great technical positioning, RED still requires the support of the broader market (S&P or ASX200)to make a good move up and break resistance. That or some killer news/drilling results..... ideally management would have a pile of great announcements waiting to go coming up to maiden oz. Throw in a trading holt here and a new substatial shareholder there and BOOM!
red, page-8
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Last
30.5¢ |
Change
-0.010(3.17%) |
Mkt cap ! $2.074B | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 31.8¢ | 30.0¢ | $14.01M | 45.47M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 57 | 1709024 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 333334 | 2 |
View Market Depth
| Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
| RED (ASX) Chart |