Small point of order ... a flag has parallel lines, a pennant has narrowing ones ... what you've drawn is a pennant and NORMally it needs both lines to be touched a couple of times ... that looks more like a consolidation. The other negative there are the three spikey top candlesticks , so what you have at the top is three spikey tops and one negative candlestick ... four dubious ones in a row.
Looking at the depth today ... the bot is guarding at 74.5c, and 77c (just a few) ... stick a bigger sell in a little higher (say 79.5) and you'll see the bot adjust to flood your sell.
Try it.
Small point of order ... a flag has parallel lines, a pennant...
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Last
$1.75 |
Change
0.180(11.5%) |
Mkt cap ! $296.8M | |||
| Open | High | Low | Value | Volume |
| $1.58 | $1.80 | $1.58 | $772.4K | 450.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2354 | $1.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.76 | 525 | 1 |
View Market Depth
| Last trade - 16.10pm 06/06/2024 (20 minute delay) ? |
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Last
$1.75 |
Change
0.180 ( 11.2 %) |
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| Open | High | Low | Volume | ||
| $1.60 | $1.80 | $1.58 | 22024 | ||
| Last updated 15.59pm 06/06/2024 ? | |||||
| RAC (ASX) Chart |