Short term chart (week to date):
- clearly defined up trend with resistance at $1.17.
- higher lows each and every day
- any dips are bought on good volume
My view:
- One more strong run to $1.17/1.20 should finally clear the stubborn resistance there.
- Then another quick run up to next resistance.... probably at $1.40.
- feels like deja vu all over again ... like we experienced at 40c, 60c, 80c, and $1. But this time, it takes shorter and shorter time frame to reach each new resistance level.
RAC - Charts & Price Action, page-56
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Last
$1.61 |
Change
-0.055(3.31%) |
Mkt cap ! $273.4M | |||
| Open | High | Low | Value | Volume |
| $1.66 | $1.68 | $1.61 | $271.5K | 166.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1996 | $1.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.68 | 1305 | 2 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |