one man's triple top is another man's double bottom........ I reject your reality and substitute my own : )
Only time will tell I suppose, personally I believe that even with the great technical positioning, RED still requires the support of the broader market (S&P or ASX200)to make a good move up and break resistance. That or some killer news/drilling results..... ideally management would have a pile of great announcements waiting to go coming up to maiden oz. Throw in a trading holt here and a new substatial shareholder there and BOOM!
red, page-8
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Last
33.0¢ |
Change
0.025(8.20%) |
Mkt cap ! $2.244B | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 33.5¢ | 31.5¢ | $12.73M | 39.16M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 1931022 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 748069 | 3 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| RED (ASX) Chart |