Another interesting aspect here. The fact it didn't respect that spinning top doji ... to me ... suggests the bottom of this next phase is most likely to be 80 not 72 or 50 and a corrective a,b,c double bottom not lower low. That's how I plan to trade it if that's what the outcome appears to be. And there's no real "set in concrete" reason for that - just experience. So that's what I'm looking for ... never a perfect outcome - have to play the odds.
Either way ... too late to sell if you haven't so when it turns - double/treble down and range trade as the risk is to the upside now. IMO.
RAC - Charts & Price Action, page-120
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Last
$1.58 |
Change
0.055(3.62%) |
Mkt cap ! $268.4M | |||
| Open | High | Low | Value | Volume |
| $1.56 | $1.61 | $1.56 | $106.0K | 67.13K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 649 | $1.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.59 | 3000 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| RAC (ASX) Chart |