RR1 reach resources limited

Leaky ships tend to continue being sold and close on a low but...

  1. 6,748 Posts.
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    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.

    https://hotcopper.com.au/data/attachments/5550/5550333-5ebb2d3f403a83f07da3679ea570df2e.jpg

 
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(20min delay)
Last
1.0¢
Change
0.000(0.00%)
Mkt cap ! $8.744M
Open High Low Value Volume
1.0¢ 1.0¢ 1.0¢ $39.18K 3.918M

Buyers (Bids)

No. Vol. Price($)
6 4356728 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 459756 2
View Market Depth
Last trade - 16.10pm 25/07/2025 (20 minute delay) ?
RR1 (ASX) Chart
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