Looks like a possibility to see a golden cross next week if the 50 and 200 moving averages cross.
The golden cross has signalled the start of a new up trend previously on the chart (orange highlights).
Having seen a diamond bottom play out over the last few weeks off the long term trend line, similar to last July, it seems likely a reversal is here.
Could be a 'buy the dip' moment at around 21.5c
Thinking a run to 28 - 29c could be fair guesstimate
RNU chart, page-3245
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 (20min delay)
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Last
11.0¢ |
Change
-0.005(4.35%) |
Mkt cap ! $279.5M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.8¢ | 11.0¢ | $187.2K | 1.627M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 78 | 2142341 | 11.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 100517 | 4 |
View Market Depth
| Last trade - 14.31pm 24/05/2024 (20 minute delay) ? |
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Last
11.5¢ |
Change
-0.005 ( 0.61 %) |
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| Open | High | Low | Volume | ||
| 11.5¢ | 11.5¢ | 11.3¢ | 1664052 | ||
| Last updated 14.46pm 24/05/2024 ? | |||||
| RNU (ASX) Chart |