If this turns out to be an extended pennant/flag formation with a break-out to the top side on significant/substantial good news (not a kiss'n'wink) then we might expect a 6c (1st) leg up ie the length of the original flag pole.
That's about as clear as TA gets - as always the risk and probabilities are based on underlaying assumptions and progress with results and the price/demand for the product and currency rates and .......
If this turns out to be an extended pennant/flag formation with...
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Last
17.0¢ |
Change
0.010(6.25%) |
Mkt cap ! $69.80M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 17.0¢ | 16.0¢ | $58.09K | 356.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 114697 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 173944 | 4 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| RXL (ASX) Chart |