Updated chart, just to pass the time. No divergences in the indicators compared to price. Low volumes being traded. Everything is just flatlining.
It appears that RDM is awaiting a news event to determine the next price direction. We are expecting phase 2 lab results and also confirmation of MMA's drilling schedule and how they intend to fund it.
If we get a bullish break above the red declining trendline of the triangle and closes above 18c & then 20c, then that would be bullish.
RDM charts, page-24
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Last
12.5¢ |
Change
-0.005(3.85%) |
Mkt cap ! $37.45M | |||
| Open | High | Low | Value | Volume |
| 13.0¢ | 13.0¢ | 12.5¢ | $34.77K | 268.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 66431 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 82000 | 1 |
View Market Depth
| Last trade - 11.45am 13/09/2024 (20 minute delay) ? |
| RDM (ASX) Chart |