Rms has dropped to a key area of support. This primary area of value has been hit several times over last 2 years. This line in the sand offers a great entry point, however if this line is breached, price could drop below March 2021 lows and revisit $1.10. Personally looking to accumulate more around these levels. The risk reward ratio looks positively skewed in the short term. Stochastic indicator shows how oversold RMS is. The previous two times Stochastics actually dropped to these extreme levels, price increased by approximately $2.15 and 80c respectively. Volumes are trending down during this correction which adds to the positive bias.
GLTAH
DYOR
RMS at key support levels
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 (20min delay)
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Last
$2.00 |
Change
-0.005(0.25%) |
Mkt cap ! $2.291B | |||
| Open | High | Low | Value | Volume |
| $1.97 | $2.01 | $1.95 | $2.790M | 1.409M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 28111 | $1.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.00 | 4471 | 18 |
View Market Depth
| Last trade - 15.29pm 24/05/2024 (20 minute delay) ? |
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Last
$2.00 |
Change
-0.005 ( 0.41 %) |
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| Open | High | Low | Volume | ||
| $1.97 | $2.01 | $1.95 | 462780 | ||
| Last updated 15.48pm 24/05/2024 ? | |||||
| RMS (ASX) Chart |