Yep, nice charting, clean and simple to read aren’t they. We’ll done.
Wow big day, too big maybe? SP has ran beautifully, wish I’d grabbed a trade. Just having a good look at your chart, check out what has happened the last 2 times the SP has spiked outside Bollie bands.
So you’re not wanting a repeat of that, next two daily candles printed will be important. If it starts to roll over you may have some profit taking going on. Judging by the wick on today’s candle, a heap of supply came in already, that would indicate traders grabbing profits as it’s been a rapid rise. Also some trapped supply from past months wanting to cash in for the year could flow through.
Certainly not wanting to put out a negative vibe but that very big green candle with a wick like that normally has consequences.
As I say, next two candles will tell the tale.
Luckily I’m often wrong.
Cheers.
RAC - Charts & Price Action, page-12235
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Last
$1.75 |
Change
-0.040(2.23%) |
Mkt cap ! $297.9M | |||
| Open | High | Low | Value | Volume |
| $1.79 | $1.79 | $1.72 | $146.2K | 83.61K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2901 | $1.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.75 | 994 | 1 |
View Market Depth
| Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
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Last
$1.74 |
Change
-0.040 ( 1.51 %) |
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| Open | High | Low | Volume | ||
| $1.76 | $1.77 | $1.72 | 23546 | ||
| Last updated 15.56pm 17/06/2024 ? | |||||
| RAC (ASX) Chart |
