Interesting day, very controlled plays taking place as i said earlier this week "The logical way to flush out shares may be to push the price up slowly"
Line wipes are in no one interest until we see more buyers enter the market, this slow push up keeps pressure on the bots to increase the price or miss out. Line wipes play into the bots game allowing them to gain control. The buyer in turn pays too much and exhausts his buying power quickly.
Cheers
FireflyOne
The writer's opinions are his own and do not constitute financial advice in any ways.Nothing here constitutes an investment recommendation nor should anything written here or published by myself be relied upon for any investment activities.I strongly recommend that you perform your own independent research and/or speak with a qualified investment professional before making any financial decisions.
- Forums
- ASX - By Stock
- RAC
- RAC - Charts & Price Action
RAC - Charts & Price Action, page-16670
-
-
- There are more pages in this discussion • 6,086 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RAC (ASX) to my watchlist
(20min delay)
|
|||||
Last
$1.53 |
Change
-0.060(3.79%) |
Mkt cap ! $259.9M |
Open | High | Low | Value | Volume |
$1.54 | $1.56 | $1.53 | $130.2K | 84.73K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4993 | $1.53 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.58 | 10451 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4993 | 1.525 |
1 | 12381 | 1.520 |
3 | 9872 | 1.510 |
3 | 11327 | 1.505 |
9 | 14363 | 1.500 |
Price($) | Vol. | No. |
---|---|---|
1.580 | 10451 | 1 |
1.595 | 6000 | 1 |
1.600 | 23239 | 1 |
1.630 | 6183 | 1 |
1.650 | 17029 | 2 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
Featured News
RAC (ASX) Chart |