RXP 5.77% 27.5¢ rxp services limited

Post-Ann

  1. 515 Posts.
    After all of the hoop-la associated with the Annual results (enjoyed the divvie, just quietly), here's a look at the weekly.

    rxp-w1.png

    We are (just) in blue sky on a closing basis; the only thing above is the inter-week high wicks of October '14.  

    Coupla comments:-

    1) Great result deserves the attention - holders have to be pleased with that, I suppose
    2) Looking overbought since 22/7, though (green - bottom pane on the chart). The bounce off .51 has had plenty of impetus, but the rise has been so stratospheric, it looks set for a pullback. A question of when.
    3) If it can close above .88 this time next week, then its off to the races. An emphatic close above .88 or higher will give us a continuation signal.

    All IMO, only, please DYOR.

    Go well all
 
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