RAC - Charts & Price Action, page-10074

  1. 499 Posts.
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    @wombat777 This is beyond doubt an accumulator trying to stop a breakout. The pattern is similar to previous bot action that we are now familiar with. Using today's course of sales as of 12:39:35 PM:

    1. There were 86 trades total.
    2. Defining bot activity as any trade under 150 units, there were 36 suspected bots trades and 50 likely legit trades.
    3. If we focus on the bot trade only, they were responsible for a cumulated 22c fall in price to the SP and a cumulated 7c jump in price. Therefore, a 15c net fall in price.
    4. For what it's worth, the latest SP in this dataset is $3.57 (which is -8c loss). So, bots are decisively pushing the SP lower.
    5. And, not surprisingly, legit trades have absorbed 7c worth of fall in the meantime. To me, this is a very bullish signal.

    If I was to speculate what could have happened without the bot(s), RAC could have been around a +7c profit (1.90% profit).

    BTW, whoever runs the bot(s), thank you. Please carry on for another 6 weeks while I secure funds to buy more. biggrin.png


    Course of sale data:
    TimePriceQuantityIs A Suspected BotChange in price
    112:39:35 PM3.57132TRUE-0.03
    212:38:21 PM3.6138TRUE0
    312:30:37 PM3.6138TRUE0
    412:25:59 PM3.63,000FALSE0
    512:11:49 PM3.57588FALSE0
    612:11:49 PM3.57700FALSE0
    712:11:49 PM3.57327FALSE0
    812:11:49 PM3.582,535FALSE0
    912:11:49 PM3.58850FALSE0
    1012:08:14 PM3.615TRUE0.03
    1112:07:26 PM3.57147TRUE0
    1212:07:26 PM3.572TRUE0
    1312:07:26 PM3.574TRUE0
    1412:07:26 PM3.5720TRUE-0.02
    1512:07:26 PM3.592,200FALSE0
    1612:07:26 PM3.59441FALSE0
    1712:02:58 PM3.6850FALSE0
    1812:02:58 PM3.61,229FALSE0
    1912:02:44 PM3.592,785FALSE0
    2011:57:05 AM3.5722TRUE0
    2111:57:05 AM3.5726TRUE-0.01
    2211:56:59 AM3.586,556FALSE0
    2311:56:48 AM3.58203FALSE0
    2411:56:48 AM3.582,932FALSE0
    2511:56:48 AM3.58235FALSE0
    2611:56:48 AM3.5874TRUE-0.01
    2711:56:48 AM3.591,068FALSE0
    2811:52:04 AM3.61500FALSE0
    2911:50:33 AM3.5923TRUE0
    3011:45:44 AM3.5921TRUE0
    3111:45:44 AM3.59137TRUE-0.03
    3211:45:31 AM3.62138TRUE0.03
    3311:39:47 AM3.5965TRUE0
    3411:39:42 AM3.59109TRUE-0.01
    3511:39:42 AM3.65,000FALSE0
    3611:33:48 AM3.650TRUE0
    3711:33:48 AM3.6961FALSE0
    3811:33:48 AM3.6800FALSE0
    3911:33:48 AM3.6893FALSE0
    4011:32:56 AM3.621TRUE-0.03
    4111:32:56 AM3.63275FALSE0
    4211:17:22 AM3.64705FALSE0
    4311:10:31 AM3.641,000FALSE0
    4411:04:03 AM3.642,048FALSE0
    4510:54:24 AM3.632,055FALSE0
    4610:54:24 AM3.6267TRUE0
    4710:54:24 AM3.62974FALSE0
    4810:52:55 AM3.6109TRUE-0.01
    4910:52:55 AM3.611,667FALSE0
    5010:31:12 AM3.63100TRUE0
    5110:31:09 AM3.63203FALSE0
    5210:30:46 AM3.631,000FALSE0
    5310:27:38 AM3.61,300FALSE0
    5410:26:01 AM3.6106TRUE0
    5510:26:01 AM3.6175FALSE0
    5610:26:01 AM3.652TRUE-0.01
    5710:26:01 AM3.611,000FALSE0
    5810:26:01 AM3.614,000FALSE0
    5910:18:00 AM3.6240FALSE0
    6010:18:00 AM3.6162FALSE0
    6110:18:00 AM3.653TRUE-0.02
    6210:18:00 AM3.623,638FALSE0
    6310:18:00 AM3.6238TRUE0
    6410:18:00 AM3.621,270FALSE0
    6510:18:00 AM3.622,436FALSE0
    6610:18:00 AM3.621,519FALSE0
    6710:16:49 AM3.6299TRUE-0.02
    6810:16:05 AM3.6492TRUE0
    6910:14:52 AM3.648TRUE0.01
    7010:11:22 AM3.63500FALSE0
    7110:11:22 AM3.6325TRUE0
    7210:11:22 AM3.6342TRUE-0.02
    7310:10:59 AM3.65200FALSE0
    7410:10:32 AM3.6710TRUE0
    7510:06:54 AM3.67611FALSE0
    7610:06:54 AM3.67250FALSE0
    7710:06:54 AM3.67217FALSE0
    7810:06:54 AM3.6739TRUE0
    7910:06:54 AM3.675TRUE0
    8010:06:54 AM3.672,442FALSE0
    8110:06:54 AM3.671,373FALSE0
    8210:06:54 AM3.672,461FALSE0
    8310:06:54 AM3.67507FALSE0
    8410:06:54 AM3.6776TRUE0
    8510:06:54 AM3.67193FALSE0
    8610:06:54 AM3.67148TRUE0
    87

    avg botstotal bots tradessum negatives
    88

    $65.31 36-0.22
    89

    avg legitTotal legit tradesSum positives
    90

    $1,381.48 500.07
 
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(20min delay)
Last
$1.15
Change
0.000(0.00%)
Mkt cap ! $199.8M
Open High Low Value Volume
$1.15 $1.16 $1.13 $64.86K 56.66K

Buyers (Bids)

No. Vol. Price($)
2 2698 $1.15
 

Sellers (Offers)

Price($) Vol. No.
$1.16 1493 1
View Market Depth
Last trade - 16.10pm 21/07/2025 (20 minute delay) ?
RAC (ASX) Chart
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