******** Broke Critical Support: Rex. Share price 0.68. (Cautious Sentiment - more downside likely)

Rex has broken below the 0.700 critical support after staying above it for more than 3 months since August. Next support at 0.65 then 0.600. As long as 0.700 is a new resistance level, more downside can be possible. Can consider CFD short positions to ride any downside. A slight head and shoulder pattern formation with breakdown of neckline support at 0.700 seen also which can be a bearish signal.