Trend seems quite short term to me, plus a potential breakout today might spell the end of it.
Unless there's something bearish in the annual the support at the base of the descending wedge should hold.
I'd you want to see a nice trend, set RHC to monthly on a log scale and look at the all time chart. You can run a nice parallel channel from listing until today.
Short opportunity, page-5
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Last
$42.54 |
Change
-0.100(0.23%) |
Mkt cap ! $9.787B | |||
| Open | High | Low | Value | Volume |
| $42.54 | $43.16 | $42.50 | $8.458M | 198.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 97 | $42.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.56 | 4 | 1 |
View Market Depth
| Last trade - 15.22pm 08/10/2024 (20 minute delay) ? |
| RHC (ASX) Chart |