Don't blame you.Completely understand! The share price always catches up with the fundamentals eventually though.
Previously I mentioned the 'marriage' between the slow stochastic and the RSI indicators. When both are in 'oversold' territory you often get an explosion in SP thereafter. Take a look at the previous 3 times with RMX.
*Starting on the 31/12/13 It went from 0.03 to 0.3 in just a matter of days.
*On the 20/12/13 when they 'married' it didn't do anything but the time prior starting about 28/6/13 it went rom 0.06 to 3 cents in a matter of a month. These movements at these times have shown a massive increase in SP.
This isn't exactly a science, but it is not tea leaves either. Patterns really do happen in charts and although I am not saying this time round with RMX that history will repeat itself, but these indicators have been very good at what they do...ie indicate price action change.
RMX rsi indicator is very, very close to that oversold territory.
Good luck all.
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.847M |
Open | High | Low | Value | Volume |
0.2¢ | 0.2¢ | 0.2¢ | $3.444K | 1.721M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
24 | 27646101 | 0.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.2¢ | 135249255 | 38 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
21 | 25539100 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.002 | 125472589 | 36 |
0.003 | 12652686 | 10 |
0.004 | 14355201 | 7 |
0.005 | 10555006 | 5 |
0.006 | 2140902 | 3 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
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RMX (ASX) Chart |