Looks like RAC share price could be getting ready to boogie.
Has moved above 50-day moving average.
RAC has a bit of a track-record of strong moves after crossing 50-day moving average. A similar move around 140% would take the price to $8.50 ballpark over 6 weeks.
Last time was a failed breakout. The two prior breakouts were around 160% and 140%.
RAC - Charts & Price Action, page-7057
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Last
$1.66 |
Change
-0.020(1.19%) |
Mkt cap ! $282.8M | |||
| Open | High | Low | Value | Volume |
| $1.68 | $1.68 | $1.61 | $118.5K | 72.33K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $1.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.66 | 601 | 1 |
View Market Depth
| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| RAC (ASX) Chart |