RFX 4.35% 11.0¢ redflow limited

RFX Charts, page-11

  1. 283 Posts.
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    Nice little run since posting initial analysis. From 6.8c to a steady 7.5c indicating a 10% correction on price when nothing had fundamentally changed.

    Luck or TA indicating an overdue price correction? Either way happy to keep holding here until my exit ~9.5-10c where I believe there will once again be some resistance.

    Presumably on the basis that we don't see another material contract before then, which if it is the case, TA is moderatley negligible.
 
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RFX (ASX) Chart
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