RRL 0.00% $2.52 regis resources limited

nordesmic, It's still 1 million plus shares that will be...

  1. 11,185 Posts.
    lightbulb Created with Sketch. 2609
    nordesmic,

    It's still 1 million plus shares that will be weighing down on the on balance volume that I discussed in my last post and that's been falling like a stone lately.

    I must admit that I haven't looked at any fundamentals on this stock but from a chart perspective the only positive I can see is that its still trading between two historical support lines. If it breaches $1 there could be issues here. I wouldn't touch this stock until I could see a clear turning point in the life of trading on balance volume chart.

    I don't work much off charts but I think it could be a sensible way of finding and waiting for the bottom on RRL.

    Eshmun

    rrl.PNG
 
watchlist Created with Sketch. Add RRL (ASX) to my watchlist
(20min delay)
Last
$2.52
Change
0.000(0.00%)
Mkt cap ! $1.473B
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 1413 $2.64
 

Sellers (Offers)

Price($) Vol. No.
$2.43 99 4
View Market Depth
Last trade - 10.00am 04/12/2024 (20 minute delay) ?
RRL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.