The large present gap on the daily chart looks like it is going to close, it's attempted this previously coming down to 19 cents but then had a run.. you would have to assume on its current trend it will likely close the gap at 15 cents..
To me this looks a good entry point for a short trade.
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RXL
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27.5¢

How low will sp drop before consolidation, page-73
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Last
27.5¢ |
Change
-0.020(6.78%) |
Mkt cap ! $201.4M |
Open | High | Low | Value | Volume |
29.5¢ | 29.5¢ | 27.0¢ | $502.6K | 1.807M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 251294 | 27.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
28.0¢ | 314395 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 171766 | 0.275 |
22 | 402212 | 0.270 |
9 | 296295 | 0.265 |
7 | 426607 | 0.260 |
6 | 357403 | 0.255 |
Price($) | Vol. | No. |
---|---|---|
0.280 | 309578 | 14 |
0.285 | 93338 | 7 |
0.290 | 91362 | 5 |
0.295 | 121024 | 13 |
0.300 | 181236 | 5 |
Last trade - 14.26pm 23/06/2025 (20 minute delay) ? |
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RXL (ASX) Chart |