Hi all,
Only (relatively) new to TA and reading charts so popped my thoughts into one this afternoon.
From the looks of it, our RSI is relatively healthy and this recent selldown has been on comparatively low volume (judging by the recent jump).
We really need a green day tomorrow to confirm reversal, otherwise could drift and fill the gap. Notably there has been strong support around the 7c range, where even though we dipped below it today a couple times, support came through in the end.
When considering the FA implications of the assay results, tomorrow morning could really be a catalyst and capitalise on the green close today. Happy to hear any conflicting views or comments from TA gurus.
Overall, I'm bullish on this one (assuming we can survive tomorrow). GLTAH & DYOR.
Hi all, Only (relatively) new to TA and reading charts so popped...
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Last
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $63.12M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 15.5¢ | 15.0¢ | $117.7K | 779.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 126634 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.5¢ | 105036 | 3 |
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| Last trade - 14.07pm 16/07/2024 (20 minute delay) ? |
| RXL (ASX) Chart |