Sitting right on the daily 200MA today and other indicators looking poor. Imho this is quite a critical point. A break above/below the 200MA can be a key decision factor for many momentum investors. Any close below has potential to turn this significantly bearish over the medium term. Still relatively low volumes is one saving grace but that can change if people's KPIs are tested. Not so bad for those that have been in since sub $1 days, but will test the psych for those of us who have entered this year at +$3. Positive news updates over recent months has failed to give any decent traction so not sure what it's going to take - results from the clinic are along way off in 2022. Perhaps our COH 2.0 will revive some interest...hopefully imminently!
RAC - Charts & Price Action, page-8960
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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
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| RAC (ASX) Chart |