RXH - Sentiment Upgraded to Buy - Target Upside upto 4c levels
2018 1c used to be support
2020 RXH support is now 0.009c (soon 1c)
2018 - The run to 4c commenced on the clearance of 1.5c
2020 - Shows massive volume accumulation on RXH. Same players from 2018 are back at what they do best IMO
2018 BITCOIN also helped pump the price of RXH. Bitcoin was worth $13,000 spiking upto $17,000 before losing the gains
2020 saw BTC pump. To highlight the divergence between BTC and RXH prices I have attached a simple comparison below
2021 Price of Bitcoin is now at just under $35,000 USD!
To further add weight to this, it makes sense to study the past. I never saw RXH move in 2018 at all! I started my journey in 2017....
Here is Faheem from Twitter (also posts here forgot his username) going back to his experience dating back to 2018 and what he observed. He's one of the few people I saw who gave a fundamental approach to low priced pennystocks at shell operational levels.
RXH has come a long way since then! "An illiquid BITCOIN payment shell no one caught onto" in his own words back in 2018.... Wonder how history will repeat?
NO CERTAINTIES! ONLY PROBABILITIES GLTAHz
RXH Charting, page-6
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Last
2.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $15.33M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
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RXH (ASX) Chart |
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