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
$227.64 |
Change
5.890(2.66%) |
Mkt cap ! $17.90B | |||
| Open | High | Low | Value | Volume |
| $225.00 | $229.57 | $223.37 | $80.03M | 351.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4 | $227.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $227.72 | 3210 | 3 |
View Market Depth
| Last trade - 16.10pm 25/11/2024 (20 minute delay) ? |
| PME (ASX) Chart |
