RDN 2.33% 4.4¢ raiden resources limited

The SP yesterday opened at 3.9c which created a gap at 3.8c...

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  1. 262 Posts.
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    The SP yesterday opened at 3.9c which created a gap at 3.8c which wasn't closed till the end of the trading day.

    Daily Chart - yesterday candle isn't the prettiest, but it showed me that volume can come in pretty quickly and the 4.3c range i've marked as resistance, is accurate. Indicators are looking healthy also.

    Weekly Chart - first time in four weeks we've closed in the green, so that's a positive and could be the signal.

    GLTA

    Daily
    https://hotcopper.com.au/data/attachments/5841/5841482-f215251154213558e72b8a10b66e7c78.jpg

    Weekly
    https://hotcopper.com.au/data/attachments/5841/5841483-13e5c4b88f20c895663e83a0b4150efa.jpg

 
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