RRL has broken out on my short term chart.
Double bottom gave it a nice boost.
Buy signals also picked nice entry points suggesting uptrend valid.
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More importantly, my trading chart also looks good. Currently setting up a target price.
Once again a DB in play.
Resistance kicks in at around $3.90 - $4.12 depending on price action.
Suggests the stock may hit around $2.60 before a 15-20% reversal.
Right now has a minimum target of $3.54.
I do not expect a breakout on first attempt.
What was described is typical behaviour.
Could keep going vertical. Have to wait and see.
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Last
$4.70 |
Change
0.080(1.73%) |
Mkt cap ! $3.550B | |||
| Open | High | Low | Value | Volume |
| $4.62 | $4.74 | $4.60 | $33.19M | 7.663M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 21618 | $4.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.72 | 31315 | 4 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| RRL (ASX) Chart |