RY 160.91 0.3555% SHOP 116.03 -0.4718% TD 83.98 0.2148% ENB 62.82 1.4699% BN 68.81 1.6396% TRI 251.78 0.6959% CNQ 39.88 2.0732% CP 103.16 1.9771% CNR 137.31 0.483% BMO 129.32 0.4661% BNS 65.69 0.551% CSU 4682.54 -0.7613% CM 81.6 0.1473% MFC 39.65 -0.0252% ATD 71.3 1.3072% NGT 76.22 -1.6643% TRP 68.46 0.9586% SU 47.8 2.006% WCN 273.36 0.3156% L 213.68 0.1594%

mid-cap

One NYSE: Listed Industrial Stock at Resistance Level: RLX Technology Inc

Jan 17, 2025 | Team Kalkine
One NYSE: Listed Industrial Stock at Resistance Level: RLX Technology Inc
Image source: Shutterstock

RLX:NYSE
Investment Type
Mid - Cap
Risk Level
Action
Rec. Price (US$)

RLX Technology Inc

Company Overview: RLX Technology Inc (NYSE: RLX) is China-based e-vapor company. The Company is engaged in the activities in the e-vapor industry, from scientific research, technology and product development, supply chain management, to offline distribution. The Company provides closed-system rechargeable e-vapor products with various value-added features.  

As per our previous US Daily Report published on ‘RLX’ on 21st October 2024, Kalkine provided a ‘Speculative Buy’ stance on the stock at USD 1.63 based on decent fundamentals, other key financial highlights, the upside indicated by valuation and key risks and the stock price has now moved by ~34.97% since then and attained resistance 1 and resistance 2.

Noted below are the details of support and resistance levels provided in our previous report:

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