Price movements have remained positive with a follow through from breakouts on both REN and RLT.
Both breakouts and follow through a have been on high volume so I'm expecting more of the same this week.
REN - The break out from the bull flag/pennant (however you choose to look at it) has no near term resistance in sight so this current move has great potential to run and run hard.
RLT - The next key resistance level is around $2.25 if that goes then we may be looking at a push to test ATH.
Last years annual report came out on the 29th May so I would expect this years report to drop any day now.
The sp had been suppressed for quite some time so a reversal was due but I'm wondering if the annual may have anything juicy enough to accelerate the current push to not only test ATHs but to break into blue sky and make new ATHs.
We shouldn't need to wait long to find out...
Onwards and upwards!
GLTAH
DYOR
RLT CHART, page-16
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Last
75.0¢ |
Change
-0.035(4.46%) |
Mkt cap ! $22.74M | |||
| Open | High | Low | Value | Volume |
| 77.5¢ | 78.5¢ | 74.5¢ | $121.4K | 160.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 74.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 80.5¢ | 19539 | 2 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| RLT (ASX) Chart |