Sorry the link did not point to the correct chart.
I first posted about XRF on the 23 of May.
At the time I highlighted that the weekly had found support on a previous High.
I should have also said that support was formed by a "gap down reversal bar" or "engulfing candle" close to a rising weekly ma.
Looks like XRF has now broken out of trading ranges (ie: or corrective structures) on the weekly & daily.
The daily breakout looks like a WRB (wide range bar) where the low formed at the shallow part of a 5 day range, one that is of a higher quality vs (from deep within the range).
XRF Charts, page-65
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Last
$1.60 |
Change
-0.040(2.44%) |
Mkt cap ! $224.6M | |||
| Open | High | Low | Value | Volume |
| $1.64 | $1.64 | $1.59 | $191.2K | 119.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4125 | $1.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.60 | 6679 | 1 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| XRF (ASX) Chart |