Updated chart, just to pass the time. No divergences in the indicators compared to price. Low volumes being traded. Everything is just flatlining.
It appears that RDM is awaiting a news event to determine the next price direction. We are expecting phase 2 lab results and also confirmation of MMA's drilling schedule and how they intend to fund it.
If we get a bullish break above the red declining trendline of the triangle and closes above 18c & then 20c, then that would be bullish.
RDM charts, page-24
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Last
11.0¢ |
Change
-0.010(8.33%) |
Mkt cap ! $39.56M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 11.0¢ | $57.17K | 503.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1145893 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 9870 | 1 |
View Market Depth
| Last trade - 16.10pm 07/11/2024 (20 minute delay) ? |
| RDM (ASX) Chart |