An amateur's charting observation.
Here is the Race chart for the last six months, with Bollinger Bands showing. We are starting to trend above the median for the first time since the end of February and it's green shoots for the first time definitely since Dr T's departure. I know from @slick that heading towards that upper Bollie is bullish! Low volume today but this week has generally felt as though the spring is coiling - sellers are drying up, lots of news should be incoming shortly, excitement is growing regarding what we could be sitting on and the associated valuation of the company. Great timing for us to go into next week with the quarterly to be released, hopefully together with some price sensitive news to boost us upwards. Have a good weekend all!
RAC - Charts & Price Action, page-15441
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Last
$1.58 |
Change
0.055(3.62%) |
Mkt cap ! $268.4M | |||
| Open | High | Low | Value | Volume |
| $1.56 | $1.61 | $1.56 | $106.0K | 67.13K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 649 | $1.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.59 | 3000 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| RAC (ASX) Chart |