I see upside from here for Raiden Resources as the markets spike back from recent sell-off & Vix-Index is easing considerably, USA will press ahead with their interest rate reduction very soon in September which will be bullish for the Australian market as well.
RDN is in a tight consolidation box on daily t/f between 0.021 & 0.027, once we break 0.027 it will be very bullish for RDN & its sp has also bounced higher recently from a double bottom on D. Sp actually got to 0.027 on August 1 but fell back down to consolidate in this tight range which it will soon spring out of imo to the upside once it breaks 0.027.
Daily Discussion, page-8013
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Last
2.3¢ |
Change
-0.001(4.17%) |
Mkt cap ! $62.53M | |||
| Open | High | Low | Value | Volume |
| 2.4¢ | 2.4¢ | 2.2¢ | $67.24K | 2.910M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 984997 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 2191354 | 11 |
View Market Depth
| Last trade - 16.10pm 12/08/2024 (20 minute delay) ? |
| RDN (ASX) Chart |