RDF 0.00% 95.8¢ redflex holdings limited

re: bullish - huntley It is interesting that you think RDF is on...

  1. 1,571 Posts.
    re: bullish - huntley It is interesting that you think RDF is on a downward trend. It has gone up for the past week or so from the 2.30-2.35 mark to today at 2.50 and in all fairness on small volume. However the sell depth has decreased to a level that was only seen pre-drop 6 or so weeks ago. The sell depth is one thing that the charting does not take into account. I think one has to use the fundamentals firstly and then use the charts as a key when to enter or leave a stock unless you are purely a trader of shares. Just my opinion!
 
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