Yes its indicative that it's over sold , not just over sold but very over sold. I see them targeting 2.4 cents before a decent run. Buying opportunity again and again signifies a stock that is struggling in my opinion. I did mention too you that I have moved alot into RCR, I now only have 20% of my original holding in RDN. I expect it will bounce back hard in the next 2 months, but in the current situation I just feel that its not flowing. The selling has been extreme and enough is enough for me. Until we get a decent group of top 20 I feel we will always get rinsed.
Yes its indicative that it's over sold , not just over sold but...
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Last
2.4¢ |
Change
-0.001(4.00%) |
Mkt cap ! $62.53M | |||
| Open | High | Low | Value | Volume |
| 2.5¢ | 2.5¢ | 2.3¢ | $75.31K | 3.139M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 2010220 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 155000 | 2 |
View Market Depth
| Last trade - 15.57pm 02/08/2024 (20 minute delay) ? |
| RDN (ASX) Chart |