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
15.0¢ |
Change
0.005(3.45%) |
Mkt cap ! $61.08M | |||
| Open | High | Low | Value | Volume |
| 14.5¢ | 15.0¢ | 14.5¢ | $48.80K | 336.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 20758 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 19161 | 1 |
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| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| RXL (ASX) Chart |