Thanks JID, excellent pick-up. Whether or not this translates into an issue for RED is another matter, however the latest price action isnt a good one. There are huge lines of stock going through at the moment (relative to normal days).
That 1.22 touch point today indicates that we could head down to 1.15-1.18. I am definitely not a trader or TA but it looks that way to me.
thoughts, page-7
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Last
35.5¢ |
Change
0.005(1.43%) |
Mkt cap ! $2.431B | |||
| Open | High | Low | Value | Volume |
| 36.0¢ | 36.5¢ | 35.0¢ | $3.154M | 8.801M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 77 | 2136533 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.5¢ | 1618165 | 33 |
View Market Depth
| Last trade - 12.40pm 19/08/2024 (20 minute delay) ? |
| RED (ASX) Chart |