When it gets back to those recent high points it's going to have people who chased it in those last two runs happy to get out and get their money back plus whatever short term traders there are in it happy to take a profit and probably still some long termers who throw in the towel sick of holding it. It doesn't need to be "strong sell pressure", a lack of buyers will stop a move just the same as an increase in sellers.
Anyway, my chart wasn't meant as a prediction as such, more just what I need to see to become interested in buying it .. and to a degree the sort of shape I'd expect to see if it's going to go up properly
When it gets back to those recent high points it's going to have...
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Last
$1.46 |
Change
0.010(0.69%) |
Mkt cap ! $245.4M | |||
| Open | High | Low | Value | Volume |
| $1.47 | $1.51 | $1.43 | $122.3K | 82.91K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 69 | $1.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.46 | 9999 | 1 |
View Market Depth
| Last trade - 16.10pm 27/05/2024 (20 minute delay) ? |
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Last
$1.44 |
Change
0.010 ( 1.71 %) |
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| Open | High | Low | Volume | ||
| $1.49 | $1.50 | $1.43 | 16871 | ||
| Last updated 15.58pm 27/05/2024 ? | |||||
| RAC (ASX) Chart |