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.
How low will sp drop before consolidation, page-73
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Last
19.5¢ |
Change
0.005(2.63%) |
Mkt cap ! $80.06M | |||
| Open | High | Low | Value | Volume |
| 19.5¢ | 20.5¢ | 19.0¢ | $438.9K | 2.201M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 88314 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.5¢ | 47615 | 1 |
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| Last trade - 15.57pm 28/10/2024 (20 minute delay) ? |
| RXL (ASX) Chart |