In general, when an SP spikes too high too quickly, the 62% Fib is the go-to retrace level. If it falls through that then it often goes back to breakout.
@EWexplorer , any chance you could post an hourly chart with volumes please.
Cheers
RAC - Charts & Price Action, page-20089
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Last
$1.44 |
Change
0.040(2.86%) |
Mkt cap ! $245.3M | |||
| Open | High | Low | Value | Volume |
| $1.45 | $1.49 | $1.41 | $101.7K | 69.88K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9216 | $1.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.47 | 7767 | 2 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| RAC (ASX) Chart |