RXL 3.23% 15.0¢ rox resources limited

Ann: Offer to acquire Reward Zinc JV Interest,RXL-IMI.AX, page-36

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  1. 2,408 Posts.
    lightbulb Created with Sketch. 133
    There's more to this , than what has been announced and although it finished negative today, but held up well considerably.
    Target 2.7 was a mid point resistance from previous high 3.4 to the retrace at 2.1.
    So T/A perspective Rxl overall did not get punished and convincing me that there is something behind the scenes to all this
    See how it plays out in coming weeks
    Must hold 2.1 , must break 2.7 , must challenge 3.4 and if that breaches then 4s is our next target zone.
    Let the numbers reveal of what yet is to unfold.....
 
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