Yes, perfect washout reversal cleaning the weak hands out.
Could never have predicted this, but it was nice to have the opportunity to buy a few more really cheap.
You'd have to have been bullish and know your TA ideally ... but yesterdays volume was the giveaway.
Zero shorts on Monday and zero yesterday, so just 100% retail panic, maybe even including BG it seems.
This was the first situation like this in the history of RAC trading ... a washout reversal.
(Tidies up my holdings.)
RAC - Charts & Price Action, page-11092
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Last
$1.94 |
Change
0.055(2.92%) |
Mkt cap ! $330.4M | |||
| Open | High | Low | Value | Volume |
| $1.89 | $1.96 | $1.85 | $333.0K | 174.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3105 | $1.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.95 | 7574 | 1 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |