Correct, it will always trade within a certain technical band and the other day it hit a technical resistance before retracing.
Unless you have news coming and volume to match, it will always be a difficult task to break through resistance point and hold a new support level.
Interest is building with 2 days volume being the highest for about 6 months and that is why you had the buying with in the trading range.
MACD had ticked up and waiting to head into positive territory. Moving averages all broken through and just waiting to break the 200 EMA
Correct, it will always trade within a certain technical band...
Add RIL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.3¢ |
Change
-0.001(25.0%) |
Mkt cap ! $8.193M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.4¢ | 0.3¢ | $14.02K | 4.674M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 6281063 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 9127958 | 24 |
View Market Depth
| Last trade - 15.46pm 05/06/2024 (20 minute delay) ? |
|
|||||
|
Last
0.3¢ |
Change
-0.001 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 0.3¢ | 0.3¢ | 0.3¢ | 2517894 | ||
| Last updated 15.59pm 05/06/2024 ? | |||||
| RIL (ASX) Chart |