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.
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RXL
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28.5¢

How low will sp drop before consolidation, page-73
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Last
28.5¢ |
Change
-0.010(3.39%) |
Mkt cap ! $216.1M |
Open | High | Low | Value | Volume |
29.5¢ | 29.5¢ | 28.5¢ | $100.9K | 350.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 184351 | 28.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
28.5¢ | 91402 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 201827 | 0.280 |
12 | 342262 | 0.275 |
20 | 438094 | 0.270 |
6 | 279035 | 0.265 |
4 | 332765 | 0.260 |
Price($) | Vol. | No. |
---|---|---|
0.285 | 85332 | 3 |
0.290 | 68953 | 5 |
0.295 | 79020 | 11 |
0.300 | 167170 | 10 |
0.305 | 76365 | 5 |
Last trade - 10.15am 23/06/2025 (20 minute delay) ? |
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RXL (ASX) Chart |