It's not really a pump here at RR1 because the share price is already in an uptrend. It just rises and then retraces like many shares do in an uptrend. This would be happening regardless of people posting about TA or not. We here in the charts thread are merely attempting to predict future movements.
Hindsight is wonderful and in all my years on the markets I've had many "I wish I bought\sold then" moments. There will be plenty more opportunities in the markets.
A real pump is where you see people aggressively commenting that the only was is up. Add in some market manipulation in market depth and course of sales. The next ingredient would be some phrases like "to the moon", rocket pictures etc.. This is why TA is good, you can see through the BS and see what market participants are actually doing.
I don't think RR1 will go interstellar just yet, but it is hiking to that mountain top with a few breaks in between.
Chart, page-181
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 (20min delay)
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Last
1.3¢ |
Change
0.001(8.33%) |
Mkt cap ! $11.36M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.3¢ | 1.2¢ | $7.068K | 548.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 805133 | 1.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 214285 | 1 |
View Market Depth
| Last trade - 16.10pm 13/05/2024 (20 minute delay) ? |
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Last
1.3¢ |
Change
0.001 ( 8.33 %) |
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| Open | High | Low | Volume | ||
| 1.2¢ | 1.3¢ | 1.2¢ | 400000 | ||
| Last updated 14.00pm 13/05/2024 ? | |||||
| RR1 (ASX) Chart |