RAC just hit my $3.53 20 day price channel ... looking for close above for confirmation.
News shouldn't be too far. Then strong run.
I am not predicting that there will an announcement on Wednesday Aust time or not.
I am just positioning my portfolio for the following (my rough estimate on price movements are):
- announcement (positive) = 15% to 30% pop (or more)
- no announcement = flat to 5% drop
(This chart was as at Friday's close. RAC is now $3.60)
RAC - Charts & Price Action, page-6233
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Last
$1.94 |
Change
0.000(0.00%) |
Mkt cap ! $330.4M | |||
| Open | High | Low | Value | Volume |
| $1.95 | $1.95 | $1.84 | $647.3K | 344.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3300 | $1.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.94 | 5654 | 2 |
View Market Depth
| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |