IMO it's back in the zone again to pay attention to the normal reversal signals of this small downtrend.
The lower bollie is wicking downwards to allow for further red days but what we can't tell is how many red days (similar to the circled area) therefore we just need to be patient and left the indicators tell the story.
Will take an entry when it lights up.
There's certainly no entry signals on the shorter time frame charts currently.
RAC - Charts & Price Action, page-21751
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Last
$1.64 |
Change
-0.100(5.76%) |
Mkt cap ! $278.5M | |||
| Open | High | Low | Value | Volume |
| $1.71 | $1.71 | $1.64 | $205.3K | 123.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1526 | $1.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.65 | 234 | 1 |
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| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |