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
16.0¢ |
Change
-0.005(3.03%) |
Mkt cap ! $59.09M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 16.5¢ | 16.0¢ | $27.29K | 166.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 1173037 | 16.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.5¢ | 359422 | 2 |
View Market Depth
| Last trade - 16.10pm 09/05/2024 (20 minute delay) ? |
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Last
16.3¢ |
Change
-0.005 ( 1.52 %) |
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| Open | High | Low | Volume | ||
| 16.5¢ | 16.5¢ | 16.0¢ | 190002 | ||
| Last updated 14.49pm 09/05/2024 ? | |||||
| RXL (ASX) Chart |