Charts fullfill their own destiny for those that follow them.
if you have enough shares you can form whatever chart pattern you like, knowing that chart traders will follow.
RAC in my view can only be based on fundamentals if you’re “investing” and therein lies the difference.
The data keeps getting stronger, and the coiled spring keeps getting tighter in my view.
Something will give soon - the question is when - that’s even a question the chartbuster can’t answer..
All in my view only
RAC - Charts & Price Action, page-12144
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Last
$1.70 |
Change
0.050(3.03%) |
Mkt cap ! $289.6M | |||
| Open | High | Low | Value | Volume |
| $1.66 | $1.70 | $1.63 | $181.9K | 109.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11946 | $1.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.75 | 27579 | 4 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| RAC (ASX) Chart |