A better week but some resistance as expected..From a weekly perspective, decent gain from 3.1 to 3.5. Also made a new high of this rise at 3.8. Volume also very good. Lot of interest at this stage. So overall the move which started from mid 2s around 3 weeks back is intact and slowly gaining momentum. This rise is not on any specific news, so not surprising to see a test of 3 this week, on couple of days, but it has held that, which is positive..Personally still holding from 3.1 as I wrote last week..So what may happen next week? Some positive announcement would definitely help, to get over resistance. Otherwise key now is to hold 3 on downside and to crack 4.1 on upside. It has spent a lot of time in 2s, so some churn in 3s is not unusual or unhealthy. As long as we hold. Let's hope Li macro gets better next week, it's slightly weak now. That will certainly help to get to 4s. Enjoy your weekend and all the best.
A better week but some resistance as expected..From a weekly...
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Last
3.9¢ |
Change
0.003(8.33%) |
Mkt cap ! $103.6M | |||
| Open | High | Low | Value | Volume |
| 3.5¢ | 4.1¢ | 3.5¢ | $1.447M | 37.45M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 2763564 | 3.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.0¢ | 4810810 | 13 |
View Market Depth
| Last trade - 13.33pm 07/05/2024 (20 minute delay) ? |
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Last
4.1¢ |
Change
0.003 ( 18.5 %) |
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| Open | High | Low | Volume | ||
| 3.5¢ | 4.1¢ | 3.5¢ | 19190092 | ||
| Last updated 13.48pm 07/05/2024 ? | |||||
| RDN (ASX) Chart |