RAC - Charts & Price Action, page-6025

Well seems we have just more of the same, sold down at end of day just like the last two previous days.
Volume was down just under 210K compared with yesterday at 374K 166K less than yesterday. These buyers just don't get it, this game does not work on RAC shareholders, the lower you push the price the sellers just dry up, including our Mr 4000-10000 man. Long term holders know what they have and nothing will pry loose these shares.

Bollinger Bands and Keltner Channel are still squeezed and going no where.

What can we expect in the last couple of days of trading

More of the same as they try and push towards $3.07.
Volume will drop further again as they try to complete orders.




Be very watchful for these prices will not last and when the handbrake is released it will only go in one direction.

One final point the Symmetrical Triangle chart pattern is still in play





All the best

FireflyOne
The writer's opinions are his own and do not constitute financial advice in any ways.Nothing here constitutes an investment recommendation nor should anything written here or published by myself be relied upon for any investment activities.I strongly recommend that you perform your own independent research and/or speak with a qualified investment professional before making any financial decisions.