Aside from the current and future (for at least the short -...

Aside from the current and future (for at least the short - medium term) supply in the Helium market showing large supply issues which in turn benefits RLT and the other small handful of producers the chart looks fairly close to a bottom. So with prices around this current mark I think there is both a fundamental tailwind and limited downside risk (as long as RLT doesn't have any negative market surprises) entry coming into play.

Since listing on ASX the price between $1.60 - $1.66 is where the largest blocks of volume has traded and historically it's easy to see that price sits around that range for a few weeks and then takes off again. Currently the weekly chart is showing printing divergence from the momentum indicator and RSI indicator looks close to doing the same. When we see multiple indictors showing signs of divergence against the price at the same time then we get a strong signal that a reversal is likely. This chart shows that historically every time there has been 4 or more divergence signals then a reversal has followed. There is a clear downward channel that RLT is trading in, I'd expect to see some sideways trading likely in a range between $1.70 - $1.45 for a little bit before it breaks above this downwards channel and starts moving back upwards again.