Please refer to my previous post. I'm just updating the life of trading OBV charts I put up for consideration and comparison on 17/10/2015.
Despite the improving sentiment we are see amongst investors for gold at the moment the life of trading OBV for RRL seems to have turned sharply down again from the peak it made in late February and seems to be crossing zero in a downward direction at the moment. You can compare that with NCM's OBV that has shown a bit of a pull back since April/May last year but is still holding firm. If you're looking for an interpretation from these charts, mine is that NCM's share price uptrend is stronger than that of RRL which is showing signs of weakening based on this indicator. Of course the gold price will still be important and I'm personally of the belief that the trend here remains strong going forward through this year and into next. Eshmun
Like A Rock Again, page-20
Add RRL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.56 |
Change
-0.030(1.16%) |
Mkt cap ! $1.473B | |||
| Open | High | Low | Value | Volume |
| $2.60 | $2.60 | $2.54 | $4.403M | 1.716M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 94933 | $2.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.57 | 35564 | 3 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| RRL (ASX) Chart |
