Happens everytime the day traders pile in on the announcement and much like the oceans tide it change in the arvo and they all drift out at a loss providing the short to medium term holders that can clearly see the EV and upcoming newsflow a good entry.
I am sure many are truely appreciative of their efforts today they are a unique breed.
Also of note is the high volume bars like today to me have always indicated the start of a uptrend might get a week of low volume base searching now then the show can prevail on a much larger scale.
Happens everytime the day traders pile in on the announcement...
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Last
1.6¢ |
Change
-0.001(5.88%) |
Mkt cap ! $19.73M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.8¢ | 1.6¢ | $130.9K | 7.666M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 2287498 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 294117 | 1 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| RNX (ASX) Chart |