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dude342

521 Posts.

104

07/09/24

19:52

Post #: 75576307
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Originally posted by dc1234: ↑

Still playing strongly.
.
From a weekly perspective, a decent gain from 2.6 to 2.9. Volume moderate.
.
So what is happening? In the doom and gloom of Li sector, RDN is playing strongly. Where most stocks are looking to do new 52 week lows, RDN not only held the level, but rose. So no denying that it's playing with strength? Why, don't know. Many doing comparison, may feel the market cap is higher than many advanced Li stocks. But maybe it's the land they hold. Maybe an offer is coming. But something is in the air.
.
Personally have not yet bought. Trying to stay away from Li stocks till trend changes. But I did buy one today, another one that was very good to me. So if RDN continues to play like this next week, will look for an entry.
.
So what may happen next week? I still feel 3 is a very critical number. It needs to go over that, and stay there. That will be my play. Let's hope it plays that way. Enjoy your weekend and all the best.

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You don't know why it is holding strong? For real? This gets upvotes?

Might have something to do with drilling approvals expected next week.

Even a doing a surface level assessment I would expect someone to read the most recent price sensitive announcement.

RDN Price at posting: 3.0¢ Sentiment: Buy Disclosure: Held
21 Upvote

2 Great analysis

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(20min delay)
Last 3.9¢		Change 0.000(0.00%)		Mkt cap ! $109.2M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
3	55000	4.0¢

Sellers (Offers)

Price($)	Vol.	No.
3.0¢	75986	1

View Market Depth

No.	Vol.	Price($)
3	55000	0.040
3	1431546	0.039
5	720227	0.038
5	518921	0.037
7	1000527	0.036

Price($)	Vol.	No.
0.030	75986	1
0.032	200000	2
0.033	50000	1
0.034	50000	1
0.035	607930	3

Last trade - 16.32pm 10/10/2024 (20 minute delay)

RDN (ASX) Chart

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