RAC - Charts & Price Action, page-21318

The bot is playing this like a violin.

But that's fine - people just have to realise that, relax and go with the flow.

The volume was severely down Friday and it appeared that liquidity was supplied by the bot.

The close was very interesting -

	1	164	4:10:19 pm	179	1	$1
1	2	163	4:10:19 pm	179	500	$895
2	3	162	3:59:15 pm	177	383	$677
3	4	161	3:58:37 pm	178	252	$448
4	5	160	3:58:37 pm	178	365	$649
5	6	159	3:55:24 pm	177	1,000	$1,770
6	7	158	3:55:24 pm	177	8,505	$15,053
7	8	157	3:55:17 pm	177	783	$1,385
8	9	156	3:55:08 pm	176	112	$197	Crossed
9	10	155	3:55:07 pm	176	3,205	$5,640	Crossed

TA logic says it goes a bit lower to continue to test the buying support Monday.

(people have to understand - particularly Hunterrrrrrrrrrrrrrrrr - that the bot is always testing buying, and selling support ... any lack of support either way and it will push that way ... like water finding a soft spot in a pipe - turn the pressure up and it pops out at the weakest spot - that how the bot works - it applies pressure and the greater the support for selling the more it manipulates that, and vice versa - the bot is dynamic - it has no emotion and doesn't know the news and certainly doesn't hear Hunterr's wailing)

Somewhere between $1.71 and $1.645 is my guess. But we'll know what's really happening at 11am when the short figures for Friday are released ... RAC shorts have been hovering in the low thousands lately - 4,000 on Thursday.

There were 192k traded on the ASX and 27k on Cboe shares Friday ... so 10% of that would be 20k ... somewhere between 15-20k shorts Friday would be significant.

Quite exciting!