Previous comments indicated that some pros to the retail for a ride by raising the SP quickly and take profits and the SP would fall to 1.2-1.3 levels. It is possible that it could be a repeat of this behaviour, tax loss selling season, selling to exercise oppies etc all going to create another soufflé rise in the ST? No one is doubting the LT growth story with the toxicology results expected in the next 1.5 months.
No advice.
RAC - Charts & Price Action, page-20933
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Last
$1.37 |
Change
-0.170(11.1%) |
Mkt cap ! $232.5M | |||
| Open | High | Low | Value | Volume |
| $1.48 | $1.48 | $1.36 | $632.2K | 451.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 76 | $1.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.39 | 4136 | 2 |
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| Last trade - 16.10pm 05/08/2024 (20 minute delay) ? |
| RAC (ASX) Chart |