RAC - Charts & Price Action, page-20205

It's a bit embarrassing being a RAC owner lately. The hype is OK but the peeing contests are hmmmmmmmmmmmmmmmmmmmmmmmm!

News will (presumably) set the SP free, but social media alone is unlikely to support the chart.

Since the SP went into overbought territory there has been a total of around 5 million shares traded across ASX/Cboe which appears to be the least (shares traded) for similar scenarios over the last five years.These quick spikes have generally been sold into and this one's looking to no different BUT we know good news should be close ... Watching around $1.15 - 1.25. And volume to dry up completely.

Back to sleep I go .... zzzzzzzzzzzzzzz!