Another strong day but a little bit further to go yet for confirmation...we want to avoid any false price spikes into the 62% Fib resistance level at $1.50 ish..so wait till the 9 ema crosses that 62% Fib (not price but the 9 ema itself crosses that Fib)..that could be very soon or might be after a bit of testing that level as seen in both examples below ..but either way 9 ema above $1.50 ish should see price surge 100% or more imo..its a very pivotal point .in this specific TA set up.(it indicates strong continuation or strong reversal)
RAC - Charts & Price Action, page-20938
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Last
$1.63 |
Change
0.000(0.00%) |
Mkt cap ! $276.9M | |||
| Open | High | Low | Value | Volume |
| $1.64 | $1.64 | $1.62 | $56.91K | 35.04K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4461 | $1.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.66 | 4075 | 1 |
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| Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
| RAC (ASX) Chart |