Short_Support here? Yep, I think so as there is a cluster of "supports"(Cyan 23.6% Fib., RL and MT of A.P.). Note where the recent high was(Fibs ...61.8% extn of Fork base range and 38.2% retrace level from $5.87 Oct. '12H). Break of current suppt not much until a retest of the Dec. '14H(which also happened to be the 23.6% retrace level from that ATH) or may be just above @ the rising (blue)65EMA.
Anyway, Bulls should monitor SP action keeping above the MT/RL lines whilst Bears would watch for break of current support and value below it.
RRL Chart Discussion - 7 Feb 2016, page-15
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Last
$2.56 |
Change
-0.030(1.16%) |
Mkt cap ! $1.473B | |||
| Open | High | Low | Value | Volume |
| $2.60 | $2.60 | $2.54 | $4.403M | 1.716M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 94933 | $2.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.57 | 35564 | 3 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| RRL (ASX) Chart |
