RRL 2.17% $1.65 regis resources limited

NNot sure what the hell is going on here but hitting $1.80 is...

  1. 232 Posts.
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    N
    Not sure what the hell is going on here but hitting $1.80 is not good. Looking at the charts we need to establish a base at this point otherwise we are potentially in a freefall back to the $1.20's which is where the SP was hovering in 2015, ironically this was after a progressive 2.5 year fall from $5.30
    Really tempted to top up but will wait now for a base to form. The double bottom did not work out and now with this break in support anything could happen. DYOR
 
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Last trade - 10.13am 20/08/2024 (20 minute delay) ?
RRL (ASX) Chart
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