Lot of buying above $6 by momentum traders when it was overdone already, pushing it to $6.60.
Now they are out at a 20%ish loss, could go lower but daily RSI (5) at 2 year low and weekly RSI (18) lowest since 2012 when share price under 20c indicate the low is close.
3 1/2 months since last contract. This stock responds to news and requires patience.
Always worth leaning into extremes in RSI IMO.
Lot of buying above $6 by momentum traders when it was overdone...
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Last
$221.75 |
Change
7.130(3.32%) |
Mkt cap ! $17.90B | |||
| Open | High | Low | Value | Volume |
| $216.99 | $224.65 | $215.12 | $38.21M | 172.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 103 | $221.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $221.81 | 426 | 1 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| PME (ASX) Chart |
