The amateur chartist in me sees a nice cup and handle pattern below over the last couple of months, preceding the rise.
A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift. A cup and handle is considered a bullish signal extending an uptrend, and it is used to spot opportunities to go long.
Great volume and momentum the last two days as well with the sell side drying up somewhat. Some big buys at the end of trading today just now, bit of FOMO happening.
The fundamentalist in me has always seen this value and it feels great to see the rise over the past month reflect that and reward the faith I have Race and the journey we are now on.
The amateur chartist in me sees a nice cup and handle pattern...
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Last
$1.87 |
Change
-0.025(1.32%) |
Mkt cap ! $317.5M | |||
| Open | High | Low | Value | Volume |
| $1.97 | $2.02 | $1.85 | $1.189M | 605.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200 | $1.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.89 | 30 | 1 |
View Market Depth
| Last trade - 16.10pm 13/06/2024 (20 minute delay) ? |
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Last
$1.86 |
Change
-0.025 ( 1.00 %) |
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| Open | High | Low | Volume | ||
| $1.97 | $2.04 | $1.86 | 48029 | ||
| Last updated 15.57pm 13/06/2024 ? | |||||
| RAC (ASX) Chart |