I just have a question about retraces if you don't mind@W3hunter, the current 5 wave pattern that just completed (daily) has been followed by a 50% abc retrace, when / if we complete this larger 5th wave (weekly timeframe) up to say $1.50, would we then expect to see a similar pull back on the weekly time frame? I.e. 50% pull back would be to current levels which is also the bottom of the larger 4th wave.
RAC - Charts & Price Action, page-1099
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Last
$1.22 |
Change
-0.010(0.81%) |
Mkt cap ! $202.7M | |||
| Open | High | Low | Value | Volume |
| $1.26 | $1.26 | $1.14 | $381.6K | 320.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7000 | $1.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.22 | 2171 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$1.17 |
Change
-0.010 ( 5.54 %) |
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| Open | High | Low | Volume | ||
| $1.23 | $1.23 | $1.14 | 48407 | ||
| Last updated 15.52pm 03/05/2024 ? | |||||
| RAC (ASX) Chart |