It'll stay in a down trend until news triggers an uptrend (especially while DrG is selling).
It needs news.
Friday was just an (indecisive) inside day. It should continue down if news doesn't encourage up.
I'm buying as it goes lower. I sold a heap last year for a massive (life changing dimension) profit, rotated, and hope to continue to buy back lower than I sold from here ... the question is ... when does news drop to reassure new longs to buy.
RAC - Charts & Price Action, page-7603
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Last
$1.75 |
Change
0.010(0.57%) |
Mkt cap ! $298.0M | |||
| Open | High | Low | Value | Volume |
| $1.73 | $1.83 | $1.73 | $272.0K | 152.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9998 | $1.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.79 | 2000 | 1 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |