RAC - Charts & Price Action, page-2591

Not a silly question at all @madfish01 we should never trade or invest without looking at a chart.. (to answer your question waves begin and end at common Fibonacci numbers)..but for an investor the market cap alone (245m) with no earnings yet should be more of a concern ?..just my opinion based on the wave count but if the correction unfolds in a typical ABC pattern then I believe you`ll be able to pick these up between $1.38 and $1..soon enough, I`ll be watching the 62% Fib resistance`s from here to see if that`s likely....current 62% res is about $2 lets see if it gets there how it reacts....we can also see on the 2nd weekly chart that price at the moment is well above the 21 period moving average..(each wave during an impulse move reverts back to it on a retrace)