RSH 0.00% 2.9¢ respiri limited

Worth another look off the back of the volume pushing through...

  1. 4,825 Posts.
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    Worth another look off the back of the volume pushing through late today. Largest buyside intent today since August last year. Looks as though the post placement flush is near an end.

    Support at 3.5c seeing plenty of action. Will be interesting to see if today's interest continues into the rest of the week. Easy to see that once that line at 3.8c is taken out a push back into the mid 4's will be on the cards. First stop being 4.5c and then 5c for the move higher.

    MACD positive cross is now in place + RSI bottoming pattern in place after a sustained period in the oversold region.

    Picked up a few in the late afternoon flurry and will be in for another look tomorrow.

    rshd.jpg
 
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1 110000 2.7¢
 

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Last trade - 16.12pm 25/07/2024 (20 minute delay) ?
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