RR1 0.00% 1.4¢ reach resources limited

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

  1. 6,392 Posts.
    lightbulb Created with Sketch. 1582
    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

 
watchlist Created with Sketch. Add RR1 (ASX) to my watchlist
(20min delay)
Last
1.4¢
Change
0.000(0.00%)
Mkt cap ! $12.24M
Open High Low Value Volume
1.4¢ 1.4¢ 1.3¢ $2.098K 149.8K

Buyers (Bids)

No. Vol. Price($)
5 1647469 1.3¢
 

Sellers (Offers)

Price($) Vol. No.
1.4¢ 84592 1
View Market Depth
Last trade - 15.01pm 31/05/2024 (20 minute delay) ?
Last
1.4¢
  Change
0.000 ( 0.00 %)
Open High Low Volume
1.3¢ 1.4¢ 1.3¢ 488140
Last updated 15.01pm 31/05/2024 ?
RR1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.