RXL to re rate this year. Target 75 cps, page-82

Another hour and a bit of trading today so things could change...But looks as if they won't...

Bearish Harami candle coinciding with a touch of the upper trendline of the downward channel is not good - and indicates more downward pressure on the share price into next week IMO....

Looks as if yesterday was just a bounce before continuing down...

PS... Look at the negatives....
1 Look at the distinct downward channel and notice how RXL is restricted to within its boundaries....
2 Bearish Harami candle
3 Still cannot punch above the 18EMA and has been under it since June.....
4 Very high chance of a CR soon and that would be at a discount on the VWAP over the last couple of weeks which looks to be around 0.225 - 0.23c so CR would be around 0.18c IMO

GL - Glad to see some miracle and be wrong but not looking great at the moment......