The 25-30% jump the other day was well within the BB, sp took a breather for the MAs to catch up and RSI to cool down a bit in the smaller time frames.
Our daily RSI has got a lot of headroom yet, whoever steering this bull has a good grasp on these oscillators.
Stochs has gone up but it's fine, SP can still rally while the stochs correct itself
If sp jumps 30% every day, it won't be long before it collapses and requires lengthy consolidation, I think everyone had enough of that from 18c down to 6c.. a measured uptrend is better imo.
RNU chart, page-1327
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Last
8.7¢ |
Change
-0.001(1.14%) |
Mkt cap ! $221.1M | |||
| Open | High | Low | Value | Volume |
| 8.6¢ | 8.7¢ | 8.6¢ | $291.0K | 3.381M |
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| No. | Vol. | Price($) |
|---|---|---|
| 32 | 1252863 | 8.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 8.7¢ | 230385 | 3 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| RNU (ASX) Chart |