RXL 1.82% 13.5¢ rox resources limited

Am I crazy?

  1. 18 Posts.
    I might be crazy but there seems to be a very loose correlation between the volumes traded and each peak and trough of the RXL SP.  It seems around every 60 Million shares traded we either hit a the top or bottom or have a change of direction.  
    This is a very quick graph from the daily trade history.  With blue line showing the highs and green the lows.  The triangles represent roughly every 60 Million shares traded. ( Counting back, not including today )

    Any one else notice something like this?

    I stress this is a pretty loose correlation but every time I look at it I keep seeing the same trend.

 
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Last
13.5¢
Change
-0.003(1.82%)
Mkt cap ! $54.95M
Open High Low Value Volume
14.0¢ 14.0¢ 13.5¢ $88.74K 649.6K

Buyers (Bids)

No. Vol. Price($)
1 99999 13.5¢
 

Sellers (Offers)

Price($) Vol. No.
14.0¢ 710323 4
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Last trade - 15.46pm 21/06/2024 (20 minute delay) ?
RXL (ASX) Chart
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