Yeah I'm liking what I'm seeing, reckon those accumulating are happy with what they have seen too, I also think they will want to draw out more supply under 2c. Effort required to push the price down, very little volume to get the price to rise back up with very little supply showing itself, some tentative support for the move shown. Still not seeing a clear indication of a reversal though.
Selling has been pretty relentless for 2 weeks, I hope it's not just reaching the calm the eye of the storm or they are on holiday haha. Don't think it's over quite yet, but would love to be wrong.
VWAP makes it easier to see the selling pressure that existed earlier this week.
Still trending clearly downwards, there is not a lot of supply down here, but there has still been more than I would want to see.
RDN Charts, page-9
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Last
2.8¢ |
Change
-0.001(3.45%) |
Mkt cap ! $76.12M | |||
| Open | High | Low | Value | Volume |
| 2.8¢ | 3.0¢ | 2.8¢ | $190.9K | 6.652M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 3012806 | 2.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.9¢ | 249635 | 1 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| RDN (ASX) Chart |