Thanks for your extended reply.
We’ll see how it pans out. My view was very short term...until the next announcement only, and we expect multiple announcements within the next 2 weeks, so I expect the SP will be higher after that.
Before that though; I think there has already been three waves, shown below. In this run the second and third waves are decreasing. In neither of the first two runs did the MACD turn negative during the run.
I think your weekly chart is primed to reverse, irrespective of the shorter timeframe.
Anyway as stated above, this is all moot once an announcement is released, as the new FA will drive the TA.
This is not a down ramp, it’s just my view. RAC is my largest holding.
- Forums
- ASX - By Stock
- RAC
- RAC - Charts & Price Action
RAC - Charts & Price Action, page-4612
-
- There are more pages in this discussion • 16,899 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RAC (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.81 |
Change
-0.010(0.55%) |
Mkt cap ! $307.3M |
Open | High | Low | Value | Volume |
$1.83 | $1.84 | $1.78 | $271.2K | 150.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 500 | $1.80 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.81 | 349 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 500 | 1.800 |
2 | 1742 | 1.780 |
1 | 3914 | 1.775 |
1 | 1392 | 1.770 |
4 | 2287 | 1.765 |
Price($) | Vol. | No. |
---|---|---|
1.805 | 349 | 1 |
1.810 | 4100 | 1 |
1.815 | 703 | 1 |
1.820 | 703 | 1 |
1.825 | 2703 | 2 |
Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
Featured News
RAC (ASX) Chart |