The chart today isn't all bad news. The region of $1.61-$1.65 has acted as support multiple times dating back to late 2020.
Even more positive IMHO if we can closer above the DT departure low ($1.65) today - which is looking likely. Perhaps there was a bit of a stop hunt today looking for loose shares below that level (and was successful looking at the volume). Who knows if it holds this time, but we could see a bounce from here at least.
The chart today isn't all bad news. The region of $1.61-$1.65...
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Last
$1.65 |
Change
-0.095(5.44%) |
Mkt cap ! $281.0M | |||
| Open | High | Low | Value | Volume |
| $1.78 | $1.78 | $1.62 | $285.9K | 170.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 16759 | $1.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.69 | 12047 | 1 |
View Market Depth
| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |