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
16.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $47.92M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.5¢ | 15.5¢ | $37.40K | 235.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 133641 | 5 |
View Market Depth
| Last trade - 15.52pm 05/07/2024 (20 minute delay) ? |
| RDM (ASX) Chart |