I'd like to think that we were in a new phase of price recovery which is supported by the recent 4000mg IV dosing announcement. However with such low volume going through as of late I'm not sure if this is possible. The fundamentals for Recce are strong but the technicals on the charting aren't so great. Hoping the price stays above the SMA. was hoping we were moving into a "Head and shoulders" formation but with volume dropping off i'd be more concerned that we'll start slipping south like we have in the past. I thought the last announcement would be one that gets the tape moving north but it looks like its going to take something more substantial to get up above $1.00 anytime soon. Back to a long - medium term hold?
RCE Charts, page-2114
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Last
46.0¢ |
Change
-0.005(1.08%) |
Mkt cap ! $102.0M | |||
| Open | High | Low | Value | Volume |
| 46.0¢ | 46.5¢ | 46.0¢ | $84.96K | 184.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 127170 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.5¢ | 13823 | 1 |
View Market Depth
| Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
| RCE (ASX) Chart |