Why I am still very bullish on Raiden Resources. Fundamentals still to play out and Chart looks healthy despite a correction lately which has played out mostly on the 4H time-frame from a bearish Double-Top that formed many days ago. Shorters will in all likelihood not bring price below 0.039 as that is where the Double-top short ends technically. I did say about a week or so ago that there was weakness below 0.048 due to the 4H Double-top.
Take a look below at the Weekly chart and you will see a Bullish Cup-Handle in formation.
RDN Charts, page-475
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Last
3.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $84.11M | |||
| Open | High | Low | Value | Volume |
| 3.1¢ | 3.2¢ | 3.0¢ | $410.8K | 13.46M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3099916 | 3.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.1¢ | 1160786 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| RDN (ASX) Chart |