Looking at the charts we have certainly had plenty of sideways action to support a leg up in the near term. Additionally I think it is safe to say that a bottom base has formed. As long as there is no significant bad news then the next leg up on good news should be at around 18/19c higher on very good news. The MACD is telling me we should be starting to climb towards 20c on current fundamentals over the next few months. Fingers crossed for good news!
Looking at the charts we have certainly had plenty of sideways...
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Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $10.27M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.4¢ | 1.3¢ | $23.24K | 1.705M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 3434698 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 116435 | 2 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| REE (ASX) Chart |