RAC - Charts & Price Action, page-17148

As I said from the start this never backtested the breakout at 46 cents and 9 times out of 10 it will always come back to backtest.

Yes I might have been wrong with IXC because of a black swan event (nothing a chart can predict, even though my support/resistances were still sound) but I have had many years experience in charting and Ive seen this pattern countless times.
There is barely any support down here and needs to churn a crap load before any movement back up. Could be years tbh, hence I would maybe buy once it hit 46 and consolidated there. Anything above that is just trying to catch a falling knife....