Mostly I agree with you. Stocks like this generally move with the market. I too take patterns with a huge pinch of salt. Charts are good for entry and sell points, and for finding support and resistance for me.
However, RNU (and other graphite stocks) moved sharply last Thursday and Friday completely against general market conditions.So you can't throw a blanket over it all and tell people not to discuss a stock. We're all here because we believe we'll be better off in a year but that doesn't mean daily price action is pointless.
Mostly I agree with you. Stocks like this generally move with...
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Last
11.5¢ |
Change
-0.005(4.17%) |
Mkt cap ! $292.2M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.5¢ | 11.5¢ | $369.0K | 3.132M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 750333 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 76994 | 6 |
View Market Depth
| Last trade - 16.10pm 20/05/2024 (20 minute delay) ? |
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Last
11.5¢ |
Change
-0.005 ( 4.17 %) |
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| Open | High | Low | Volume | ||
| 12.0¢ | 12.0¢ | 11.5¢ | 1981985 | ||
| Last updated 15.56pm 20/05/2024 ? | |||||
| RNU (ASX) Chart |