RAC - Charts & Price Action, page-17248

Is the war still raging here?

Just doing some homework this morning on possible set-ups for the week ahead.

RAC sparks a bit of attention and here's why.

You can see on the chart that MACD is curving back up, still a bit of work to do but it's a good signal. RSI has also wicked off the bottom and thirdly there is a rounded bottom presenting on the daily.
Again I say that there's still work to do but I'm just posting on the positives currently but market wheels turn quickly as we know.



But if you want some excitement then the hourly chart is strong. Love the way it crossed above the bollie median with conviction and is trading nicely between the 8ema and upper bollie. Currently a bullish chart.



All just my opinions.
Cheers.