The SP has simply come down to the 30% 14 day RSI. (0.094)
Indicating it is oversold. If anything the increased volatility could help the share price if it runs.
This would suggest we will have a slight rally in the next few days. We have the half yearly report coming out on Friday. Interesting to see if they will include a more detailed outline of the forward looking outcomes for the year.
cheers
The SP has simply come down to the 30% 14 day RSI....
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