RNU 5.00% 10.5¢ renascor resources limited

General Discussions, page-12699

  1. 951 Posts.
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    This is not a classic "cup with handle" as the handle is too short, only lasting about 4 days.
    Generally handles will form over a period of 1 to 2 weeks and volume should dry up near the low in the handle's price pullback phase. This didn't happen last week.
    The true "cup with handle pattern" with RNU occurred last year, with the cup forming between March and September, and the handle forming between September and December. The typical volume rules were adhered to then.
    This pattern is a prime indicator when to buy into a stock. It only needs to happen once as it is a prediction of the likely success of a stock.
    One may trade in and out of the stock in future times, with the sound knowledge that the stock is likely to be successful at sometime in the future.
    Because the market has spoken.
 
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Last
10.5¢
Change
0.005(5.00%)
Mkt cap ! $266.8M
Open High Low Value Volume
10.0¢ 10.5¢ 10.0¢ $239.6K 2.376M

Buyers (Bids)

No. Vol. Price($)
58 2665694 10.0¢
 

Sellers (Offers)

Price($) Vol. No.
10.5¢ 1474178 26
View Market Depth
Last trade - 16.10pm 11/06/2024 (20 minute delay) ?
Last
10.0¢
  Change
0.005 ( 1.19 %)
Open High Low Volume
10.0¢ 10.3¢ 10.0¢ 1559977
Last updated 15.32pm 11/06/2024 ?
RNU (ASX) Chart
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