OK but I think macro factors are about to be more important, with ASX down, Europe down & US futures down approx 2%+ at present, with negative commentary on economic recovery from the Fed.
2nd wave of covid starting in US with mass demonstrations being the perfect breeding ground.
I guess the positive for RCE will be bringing the need for covid therapy & associated resistant antibiotic therapy back into focus.
Yesterday looked great with a green candle, nice long tail testing downside sell supply failing. Today not so much :-( exactly the opposite, red candle with long wick showing failed move higher due to sellers coming in - batten down the hatches, size of market correction unknown.
Best I am hoping for now is sideways trading between approx 62c & 82c until ann that phase 1 trials have started.
OK but I think macro factors are about to be more important,...
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Last
50.0¢ |
Change
-0.010(1.96%) |
Mkt cap ! $115.8M | |||
| Open | High | Low | Value | Volume |
| 53.0¢ | 55.0¢ | 50.0¢ | $168.7K | 317.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6252 | 48.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 13561 | 1 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| RCE (ASX) Chart |