The repeating pattern on the (hourly) chart above is indicating $6.31c. is the (current) key horizontal support/resistance level.
Rejection at the $7.345c. rmp level was immediate, and the 1 minute chart below confirms same, with the majority of the price action, from 12.27 pm. onwards, testing resistance at that $6.31c. level.
Just my take.
Cheers(?).
[ATTACH] The repeating pattern on the (hourly) chart above is...
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Last
$6.65 |
Change
0.050(0.76%) |
Mkt cap ! $2.191B | |||
| Open | High | Low | Value | Volume |
| $6.65 | $6.76 | $6.60 | $1.192M | 178.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 3340 | $6.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.65 | 176 | 1 |
View Market Depth
| Last trade - 11.22am 21/10/2024 (20 minute delay) ? |
| NXL (ASX) Chart |