Stop losses cause a cascade of automatic selling. The fact is that although it was a hell of fall today the trend line was not broken. The SP stopped exactly on the trend line. The positive momentum indicators are still green and it is highly likely that the SP will bounce on monday. Congrats to those who held despite the fall, this was not a day to sell. I bought more at 2.9 cps at the end of trade (annoyed i didn't get then at 2.8).
RXL chart, page-117
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Last
14.0¢ |
Change
-0.010(6.67%) |
Mkt cap ! $57.01M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.0¢ | 14.0¢ | $57.43K | 400.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 77728 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 30413 | 3 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| RXL (ASX) Chart |