RGL is struggling to overcome that resistance at 70/71 generated by the supply following that breakout in late June and it's subsequent breakdown.
Volume and spread has increased over the last several bars and a breakout looked possible but once again that supply was dominant. 65 has given support over the last few sessions and subsequently RGL is holding nicely at the upper level of that previous accumulation / consolidation channel.
Still primed for an upward move I think but patience.
Chart - RGL, page-163
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.257M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.8¢ | 0.6¢ | $68.25K | 10.69M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 793633 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 1000000 | 1 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| RGL (ASX) Chart |