Thanks for the feedback Riv.
I have traded this stock a few times already this year and find the RSI to be a great indicator. Charting for this year shows the RSI has touched or dipped below 40 6 times in the past 8 months and each time it has rebounded to the tune of 15-20%. The RSI dipped below the 40 mark again this week....about the same time you bought in :-)
Got in today at $10.46, lets hope the RSI trend continues....
retrace trading opportunity, page-3
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Last
$40.80 |
Change
0.600(1.49%) |
Mkt cap ! $9.373B | |||
| Open | High | Low | Value | Volume |
| $40.49 | $41.03 | $40.34 | $32.48M | 796.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13 | $40.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.83 | 610 | 2 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| RHC (ASX) Chart |