Considering this is turning into a red day for the sector, RMS is holding up exceptionally well. So far, with an intraday plus of 5% and green and steady now around the 40 cents mark.
I don't know what it is, but there is something significant about the support at 39-41 cents. Especially on a day like today it proves again how strong this level is. I am dying to find out what it is.
In other words: if one was after an ideal entry point this has to be it (i.e. 38-41 range).
However, I expect the final quarterly will drag us down temporarily - at least initially during intraday. But then, I am hoping there is enough optimism and good news in it for a new buying wave.
(NB: my sentiment is 'hold' as I am already in, would change to 'buy' if I had funds)
Considering this is turning into a red day for the sector, RMS...
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Last
$1.97 |
Change
0.015(0.77%) |
Mkt cap ! $2.247B | |||
| Open | High | Low | Value | Volume |
| $2.00 | $2.01 | $1.95 | $9.599M | 4.870M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 87547 | $1.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.97 | 134610 | 6 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| RMS (ASX) Chart |