Hi Dr the chart suggests it will need to pause at least on its previous resistance levels...read my first post..
The level also coincides with commonly held price target for such price patterns as a cup and handle target as circled.....It is in overbought momentum oscillator ranges which also suggest its overheated....It has run up some 40% in a week....
more explanations later if you like...a bit busy.....and these rushed squiggles may not help much...they are the overheated momentum oscillators
chart, page-11
Add RMS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.93 |
Change
0.035(1.85%) |
Mkt cap ! $2.242B | |||
| Open | High | Low | Value | Volume |
| $1.97 | $1.97 | $1.92 | $2.847M | 1.464M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 16248 | $1.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.93 | 32191 | 24 |
View Market Depth
| Last trade - 12.44pm 29/07/2024 (20 minute delay) ? |
| RMS (ASX) Chart |