ROG 20.0% 0.4¢ red sky energy limited.

Clear profit taking on run up to 0.019 - nothing out of the...

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    • Clear profit taking on run up to 0.019 - nothing out of the ordinary on such a large pump
    • Consolidation on lower volumes follows, also evident in MACD Histogram - again nothing out of the ordinary. Retraces & consolidations are healthy for more sustainable increases over time. Decent amount of trades at 0.011 & 0.012 during this time which could provide decent base at these levels in future
    • May retrace to 61.8% fib level (0.008) in short term on no news - I'll be topping up if it gets to these levels. Good entry point for those waiting on side lines. But of course, with news expected this week (and if it's good news), probably won't get this chance.
    • Good news could see re-test of 0.019, or at least put us in the 0.015 - 0.019 range

    I'm long on this right now. So the daily price movements right now aren't a concern until we get the next ann.

    GLTAH - let's see what management brings this week. Fingers crossed.

    DYOR
 
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Last
0.4¢
Change
-0.001(20.0%)
Mkt cap ! $21.68M
Open High Low Value Volume
0.4¢ 0.5¢ 0.4¢ $12.59K 3.073M

Buyers (Bids)

No. Vol. Price($)
39 91133489 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 60441268 92
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Last trade - 16.10pm 25/07/2024 (20 minute delay) ?
ROG (ASX) Chart
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