there is definitely panic setting in so wouldn’t be surprised with your prediction.
I guess I am always sceptical when price jumps up without any news. On the flip side when SP decreases in radio silence I also question that.
The market is betting once news does break it isn’t going to be positive.
DYOR
RAC - Charts & Price Action, page-16274
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Last
$1.68 |
Change
0.020(1.20%) |
Mkt cap ! $286.2M | |||
| Open | High | Low | Value | Volume |
| $1.68 | $1.68 | $1.61 | $177.8K | 108.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1100 | $1.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.68 | 4999 | 1 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| RAC (ASX) Chart |