It would appear the RAC is starting to find its feet, I have used the weekly chart to identify the support that has a high probability, eg an old breakout now providing a support zone. Still needs to make a move upwards but appears 90 now might be cleared. I have drawn in some potential targets, if does gain momentum 1.20 might be a consolidation area b4 moving to the other potential targets. It does have some ground to break therefore will take some time. Of course the other side of the coin is it might fail, but I feel quietly confident.
RAC - Charts & Price Action, page-17247
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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 |