Im sorry but like I said previously from that initial breakout to breakdown there has been 195 mill shares traded above. They need to churn a hell of a lot more before it gets past $1.50
Then you have the traders trading it from 80 cents to $1.50 area creating more baggies above.
This is ages away IMO, with news here and there it wont sustain up here and will be sold into. This will go back to $1.15 and ultimately lower IMO over time. Just being honest so DYOR but chart is very clear
RAC - Charts & Price Action, page-20232
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Last
$1.71 |
Change
0.010(0.59%) |
Mkt cap ! $291.1M | |||
| Open | High | Low | Value | Volume |
| $1.74 | $1.75 | $1.70 | $226.9K | 131.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9599 | $1.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.74 | 4886 | 1 |
View Market Depth
| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| RAC (ASX) Chart |