It was a green day across the market and a rising tide lifts all boats and all that.
I'm not convinced RAC breaks $2 convincingly until dosing, which fortunately isn't too far away.
I expect we are just going to hit the upper BB and decline again.
RAC is also dominated by peasants (retail), who are all reading the same tea leaves, creating a self fulfilling prophecy.
In saying that, I expect that when readouts start, this could unwind very quickly.
RAC - Charts & Price Action, page-21578
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Last
$1.94 |
Change
0.055(2.92%) |
Mkt cap ! $330.4M | |||
| Open | High | Low | Value | Volume |
| $1.89 | $1.96 | $1.85 | $333.0K | 174.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3105 | $1.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.95 | 7574 | 1 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |