Expecting the HUI to retrace at least another 10% from current levels over the next few weeks so a retracement for RSG back to 50c would not be out of the question. Well that's what I am expecting and will look to re-enter in the low 50's. Looking at the fib retracenent levels a break above 65c on volume or close above 67c would give a target in the low 80c area. Other targets are $1.05 (50% fib & 200DMA) and then significant resistance around $1.20 (61.8 fib & price).
syama article, page-7
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Last
66.5¢ |
Change
0.005(0.76%) |
Mkt cap ! $1.415B | |||
| Open | High | Low | Value | Volume |
| 66.0¢ | 67.5¢ | 65.5¢ | $5.043M | 7.554M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 85966 | 66.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 67.0¢ | 157479 | 4 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| RSG (ASX) Chart |