to help those who dont seem to have any process underpinnign their opinions I thought I;d put this up
as you can see RSG has now risen above (broken above) both the falling high from 2016 + at this stage is above the intermediate falling high trendline that dominated last year
its just below the horizontal resistance (ive drawn it a little lower than it should be) at round 1.19
So the stock is now in early stages of a potential trend reversal - and a close above that horizontal would be the final of 3 confirmations needed to confirm the shift to an uptrend
rsg daily chart
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Last
75.5¢ |
Change
-0.005(0.66%) |
Mkt cap ! $1.607B | |||
| Open | High | Low | Value | Volume |
| 77.0¢ | 77.0¢ | 74.3¢ | $2.533M | 3.355M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 171383 | 75.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 76.0¢ | 326028 | 21 |
View Market Depth
| Last trade - 11.44am 27/09/2024 (20 minute delay) ? |
| RSG (ASX) Chart |