one man's triple top is another man's double bottom........ I reject your reality and substitute my own : )
Only time will tell I suppose, personally I believe that even with the great technical positioning, RED still requires the support of the broader market (S&P or ASX200)to make a good move up and break resistance. That or some killer news/drilling results..... ideally management would have a pile of great announcements waiting to go coming up to maiden oz. Throw in a trading holt here and a new substatial shareholder there and BOOM!
red, page-8
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Last
35.5¢ |
Change
0.010(2.90%) |
Mkt cap ! $2.414B | |||
| Open | High | Low | Value | Volume |
| 36.0¢ | 36.5¢ | 35.3¢ | $9.516M | 26.60M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 331651 | 35.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.0¢ | 409958 | 9 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| RED (ASX) Chart |