My last post (quoted above or link here: https://hotcopper.com.au/threads/daily-discussion.7568509/page-6387?post_id=73705932 )
I mentioned a possible backtest of 3.8c but it since only dropped to 4c and bounced off that two days in a row and today it's rejected that lower level with a very strong push up with volume increased. This has been helped by ERW dropping some positive news and AZS holders now flowing in more and more, seeing that they'll not get it under 4c now anymore.
100-MA and 50-MA lines (light blue and yellow lines on the chart just under the light blue line for 3.1c) are right about to have a bullish/golden cross up, these are long term indicators and lagging as well, so anyone who tracks these for safer entries will be getting alerted soon.
If 5c can be broken then 6.1c becomes the next first target.
Daily Discussion, page-6592
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Last
3.4¢ |
Change
0.003(9.68%) |
Mkt cap ! $94.15M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.5¢ | 3.3¢ | $572.4K | 16.90M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 1024607 | 3.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.4¢ | 1111946 | 5 |
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| Last trade - 10.48am 16/09/2024 (20 minute delay) ? |
| RDN (ASX) Chart |