Yes becuase traders follow certain patterns and although there isn't huge amounts of volume there's still some bots/algos trading as well. It's like a self fulfilling prophesy sometimes. I looked at the recent spike and it did resemble the last spike to 10c, slow drift downwards following. However, if fundamentals change and you make a big trade you can be caught very badly with the pants down. It is not impossible that we get a binding off take at any time that might see the sp back to 12c within a few days. Just my 2c, not pumping, just seen it in the past. For me right now, it's too risky to do any significant swing trading becuase I have been burnt so badly in the past and the upside to the trades is not going to be out weighted by the risk. Lots of things going on in an unstable world market, very unpredictable
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RNU
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6.7¢

RNU chart, page-4953
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Last
6.7¢ |
Change
0.008(13.6%) |
Mkt cap ! $170.3M |
Open | High | Low | Value | Volume |
6.4¢ | 6.9¢ | 6.4¢ | $509.6K | 7.683M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 70922 | 6.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.7¢ | 161196 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 70740 | 0.064 |
3 | 68900 | 0.063 |
2 | 1100000 | 0.062 |
5 | 246786 | 0.061 |
7 | 371333 | 0.060 |
Price($) | Vol. | No. |
---|---|---|
0.067 | 161196 | 3 |
0.068 | 439996 | 5 |
0.069 | 168286 | 3 |
0.070 | 438107 | 8 |
0.071 | 122000 | 2 |
Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
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RNU (ASX) Chart |