"Where 2 next??
WEEKLY - Circled in blue and white are weekly lower highs and lower lows. The SP has been on a long term down trend since big volume weeks (circled) in Mar-Apr 2021.
Support sits at $1.70....$1.40 and 75c.
Weekly how now dropped below the median bollie but a new candle will be printed at close tomorrow.
Super low volume at the moment and seems share registry is tightly held which can be good and bad. Share price can run hard either way.
As@HeyLine has suggested, a rerate is needed to break the long term downtrend. Big volume weeks as seen early 2021 can easily push share price higher, quickly.
RAC - Charts & Price Action, page-13206
-
- There are more pages in this discussion • 9,813 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RAC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.47 |
Change
-0.005(0.34%) |
Mkt cap ! $249.7M | |||
| Open | High | Low | Value | Volume |
| $1.48 | $1.50 | $1.46 | $129.2K | 87.73K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7418 | $1.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.49 | 38353 | 1 |
View Market Depth
| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| RAC (ASX) Chart |