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DE24

472 Posts.

11

14/12/15

19:54

Post #: 16612013
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Originally posted by mitta ↑

Hi Djred, yes we can have it both ways be that bullish as well as bearish In this example the 4hr chart, you could say that the bearish (supply) downward thrusts have been reducing. Now is that because of less supply or demand entering ?.. who knows and who really cares - was it the chicken before the egg lastly we also have to remember that this SOT has been forming on the smaller timeframe which if you take that out to the eod TF it is harder to see. would not expect any 'V' shaped bounce, more likely a sideways jiggle which if/when it does decide to move north Still has to take on that existing heavy supply to the left.

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Busy day at work but just reread both your posts and had a penny drop moment

Thank you hope your day was good.

RNT Price at posting: 41.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.0¢		Change 0.001(5.26%)		Mkt cap ! $14.35M

Open	High	Low	Value	Volume
1.9¢	2.0¢	1.9¢	$33.64K	1.761M

Buyers (Bids)

No.	Vol.	Price($)
3	230709	1.9¢

Sellers (Offers)

Price($)	Vol.	No.
2.0¢	326405	2

View Market Depth

No.	Vol.	Price($)
3	327598	0.017
3	139228	0.016
9	948115	0.015
3	445000	0.014
3	191615	0.013

Price($)	Vol.	No.
0.018	345544	1
0.019	168070	4
0.020	2702	1
0.021	382000	3
0.022	18333	1

Last trade - 11.39am 04/12/2024 (20 minute delay)

RNT (ASX) Chart