RED 2.70% 36.0¢ red 5 limited

Yesterday was a RED letter day - good positive volume and an...

  1. 2,337 Posts.
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    Yesterday was a RED letter day - good positive volume and an interesting buy surge, after the results had been digested and the new presentation had been delivered - around midday, somebody hit the BUY button, and this rapidly lifted the SP to 33c where it trickled along on low volume till the close, which saw a big volume surge in the match up. Currently there is predominance of sell orders at 33-33.5c and a big bunch of Buys around 31c.
    The formation of a bullish green "hammer candle" yesterday is promising, and if 33c resistance gets overwhelmed, then this is a bullish "continuation" pattern forming ... next resistance 36c.
    RED's team, led by MW will now take this message to a series of local conferences, followed by a quick European stopover, on the way to the VIP Nth American summer conferences, like Beaver Creek and the Denver Gold conferences, all the while, the ME conflict, the Ukrainian conflict and the IOUSA election circus are bubbling along .... we are living in exciting times ... buckle up.

    https://hotcopper.com.au/data/attachments/5929/5929374-b3f722d9fb0099be13812773b9c68ca4.jpg
    https://hotcopper.com.au/data/attachments/5929/5929380-35f36010897b9bbcfeb01587ced9797c.jpg
    https://hotcopper.com.au/data/attachments/5929/5929398-c5c00b80f283438abe0b9e59799a25b0.jpg
    https://hotcopper.com.au/data/attachments/5929/5929401-26f721f108ae11da0d0b48606e09dc7f.jpg
 
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Last
36.0¢
Change
-0.010(2.70%)
Mkt cap ! $2.448B
Open High Low Value Volume
37.0¢ 37.8¢ 36.0¢ $9.825M 26.88M

Buyers (Bids)

No. Vol. Price($)
18 1862724 36.0¢
 

Sellers (Offers)

Price($) Vol. No.
36.5¢ 2312588 9
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
RED (ASX) Chart
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