"Where 2 next??
WEEKLY - Circled in blue and white are weekly lower highs and lower lows. The SP has been on a long term down trend since big volume weeks (circled) in Mar-Apr 2021.
Support sits at $1.70....$1.40 and 75c.
Weekly how now dropped below the median bollie but a new candle will be printed at close tomorrow.
Super low volume at the moment and seems share registry is tightly held which can be good and bad. Share price can run hard either way.
As@HeyLine has suggested, a rerate is needed to break the long term downtrend. Big volume weeks as seen early 2021 can easily push share price higher, quickly.
RAC - Charts & Price Action, page-13206
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Last
$1.55 |
Change
-0.070(4.32%) |
Mkt cap ! $264.0M | |||
| Open | High | Low | Value | Volume |
| $1.62 | $1.65 | $1.54 | $145.6K | 91.60K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5700 | $1.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.59 | 296 | 1 |
View Market Depth
| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |