Leaky ships tend to continue being sold and close on a low but today RR1 bounced strongly off of 1.05c and did so quite quickly, closing strongly at 1.2c to finish on a bullish long-legged doji candle with volume and above the 50-day MA (yellow line).
As a rule of thumb if it's above the 50MA it's bullish, below it's bearish...closing above after rejecting below is quite bullish.
Still needs to confirm tomorrow and rest of the week but today will look like a bear trap come next week.
Re rate happening, page-1728
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.619M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.1¢ | $2.844K | 258.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 798750 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 485749 | 3 |
View Market Depth
| Last trade - 15.00pm 16/05/2024 (20 minute delay) ? |
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Last
1.1¢ |
Change
0.000 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 1.1¢ | 1.2¢ | 1.1¢ | 404650 | ||
| Last updated 13.47pm 16/05/2024 ? | |||||
| RR1 (ASX) Chart |