I know after yesterdays sell off in gold that it's outlook is looking slightly bearish on the short term charts.
but gold price aside I think this sell off in RMS is running out of steam..... on the chart the STOCH is right at the bottom of the channel and looks about to turn back postive, plus it looks quite similar to back in late August when after it's sell off then it started a ran up to $2.50.
There is also historical support in this price range..... for me this is a good time to accumulate..... DYOR
RMS Chart, page-527
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Last
$2.40 |
Change
-0.010(0.41%) |
Mkt cap ! $2.755B | |||
| Open | High | Low | Value | Volume |
| $2.41 | $2.42 | $2.34 | $10.32M | 4.328M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $2.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.41 | 25502 | 1 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| RMS (ASX) Chart |