RCE recce pharmaceuticals ltd

Ann: Top 20 Shareholders Update, page-154

  1. 401 Posts.
    lightbulb Created with Sketch. 192

    @eric341 I did a bit of “free” research for you because it seems you possibly don’t understand Bollinger bands from my last post. The extracts are taken from investopedia.com.

    https://www.investopedia.com/terms/b/bollingerbands.asp

    “A squeeze signals a period of low volatility and is considered by traders to be a potential sign of future increased volatility and possible trading opportunities”


    https://hotcopper.com.au/data/attachments/2555/2555397-25732b16f13ea505020e4c88952c13ad.jpg
    Assuming we get a positive announcement, it would be safe to assume a higher volatility in an increased share price position. Further more, the previous times RCE have contracted or “Squeezed” to a lower level of volatility we have seen similar breakout activity follow. I personally believe this new trading phase that we are currently in will be another one of these phases. I’ve posted before that the later quarter of this year hold significant milestones for RCE and by reading previous announcements about their compounds R327 and R529 I feel there will be more positive news to come. I’ve attached a chart identifying some of the contractions on RECCE followed by a breakout.
    https://hotcopper.com.au/data/attachments/2555/2555410-630a66e59761d42b71b2dcf05519cbad.jpg

    I’m not giving out advice. And I’m certainly not giving it out to a person who quotes

    “Always uprampers on every stock, ignore them unless the SP reinforces their views” because that my friend… doesn’t even make sense. Are you implying that its only worth listening to someone boast about a company when its share price is sitting at its peak? Because if you’re a trader that’s buying a stock when everyone is talking about it, then I would understand why your most important rule in investing would be to “Minimise your losses” as you quoted.

    Schools out bro.

    Last edited by elbarto: 13/10/20
 
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Last
31.0¢
Change
0.010(3.33%)
Mkt cap ! $89.39M
Open High Low Value Volume
31.0¢ 32.0¢ 30.0¢ $25.76K 82.29K

Buyers (Bids)

No. Vol. Price($)
2 13550 30.0¢
 

Sellers (Offers)

Price($) Vol. No.
31.0¢ 18938 1
View Market Depth
Last trade - 16.10pm 27/06/2025 (20 minute delay) ?
RCE (ASX) Chart
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