Yes, it appears to be a double bottom and rather than cluttering the chart I have simply drawn the shape and the indicators confirm the upward trend.
It may not develop into a significant lift, and I say this simply because it has been in a long term channel trending downwards.
I hope it works out for you and a nice call there young grasshopper
Chart request - RRL, page-124
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Last
$1.70 |
Change
0.080(4.95%) |
Mkt cap ! $1.271B | |||
| Open | High | Low | Value | Volume |
| $1.64 | $1.70 | $1.64 | $7.420M | 4.437M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 62 | 78783 | $1.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.70 | 102526 | 36 |
View Market Depth
| Last trade - 15.52pm 20/08/2024 (20 minute delay) ? |
| RRL (ASX) Chart |