RFX 12.0% 11.0¢ redflow limited

Bedford Journal, January 14:Looking further at additional...

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    Bedford Journal, January 14:

    Looking further at additional technical indicators we can see that the 14-day Commodity Channel Index (CCI) for Redflow Limited (RFX.AX) is sitting at -104.21. CCI is an indicator used in technical analysis that was designed by Donald Lambert. Although it was originally intended for commodity traders to help identify the start and finish of market trends, it is frequently used to analyze stocks as well. A CCI reading closer to +100 may indicate more buying (possibly overbought) and a reading closer to -100 may indicate more selling (possibly oversold)

 
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