RED 2.44% 42.0¢ red 5 limited

a wild ride

  1. 1,870 Posts.
    I tend to watch RED trading activity most days (and the majority of the time during the trading day, Lol) despite not trading on RED. Over the years I have watched how it trades and the subtle changes to the trading pattern over time.

    I have no doubt we are in the midst of a significant change to that trading pattern at present, with the best way to describe the change as "moving to a period of excessive volatility" - with swings in both directions. If the many HC observers have a feeling of the "manipulation" as we have termed it is correct, I have a feeling that the current wild ride is possibly the end phase of that excessive push down to lower levels, and this current high volatility is going to give way to a pronounced move up in the next little while - its just a gut feeling, but I feel as though the big guys are now playing hard ball, they are really rattling the tree in one last desperate attempt to remove the weak players before pushing this to where it should be!

    Just my impressions of how things are going for RED now.
 
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Last
42.0¢
Change
0.010(2.44%)
Mkt cap ! $2.857B
Open High Low Value Volume
41.5¢ 42.5¢ 41.5¢ $7.599M 18.12M

Buyers (Bids)

No. Vol. Price($)
17 554744 41.5¢
 

Sellers (Offers)

Price($) Vol. No.
42.0¢ 402000 9
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Last trade - 16.10pm 11/07/2024 (20 minute delay) ?
RED (ASX) Chart
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