So from that definition, your 5th wave is incorrect? It didn't reach new highs, or even get close to a double top, and, there certainly appears to be lots more bullish enthusiasm here now than beck then. Also, the volume for that 5th wave is virtually non existent, as opposed to now which had good volume, but less than the 3rd wave top @ $1
I am inclined to believe that we just had the 5th wave, but I will keep an open mind if it starts tracking to make higher highs.
RAC - Charts & Price Action, page-2613
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Last
$1.70 |
Change
0.050(3.03%) |
Mkt cap ! $289.6M | |||
| Open | High | Low | Value | Volume |
| $1.66 | $1.70 | $1.63 | $181.9K | 109.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11946 | $1.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.75 | 27579 | 4 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| RAC (ASX) Chart |