Australia's largest stock trading and investment forum Australia's #1 stock forum

RAC

Click for more information

9.93%

$1.55 race oncology ltd

LOL.There was nothing announced last week.And the biggest recent...

First 19769 Last

Share
Profile

Follow
IndexInvestor

8,283 Posts.

1364

11/03/24

00:43

Post #: 72835029
Share

Originally posted by slick: ↑

Helyi, my take is that the market obviously loved whatever was announced and that the TA will take a few sessions to catch up, re-settle and begin printing smooth data again. It’s why I didn’t add much commentary as it’s one of those times where you can put aside the charting for a few sessions.

However, as you would know that bollingers don’t like candles being printed outside of the boundaries so next week there will be a “return to safe-house” but while there’s a re-rate going on, just let it happen I reckon.
I say as early as next week as yesterdays candle displayed a strong retrace from high of day indicating that there was profit taking and not surprisingly many cashing in.

I’d be expecting a strong start to next week followed by cooling down. That’s not being negative at all but just how these things play out. IMO.

Cheers.

Expand

LOL.

There was nothing announced last week.

And the biggest recent PS announcement wasn't made by RAC.
It was made by a shareholder ( @johndprent ) who announced it on HC.

Thanks for the light amusement.

Last edited by IndexInvestor: 11/03/24

RAC Price at posting: $1.13 Sentiment: Hold Disclosure: Held
17 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 1,214 more messages in this thread...

First 19769 Last

Add RAC (ASX) to my watchlist

(20min delay)
Last $1.55		Change 0.140(9.93%)		Mkt cap ! $257.8M

Open	High	Low	Value	Volume
$1.43	$1.55	$1.43	$419.7K	282.7K

Buyers (Bids)

No.	Vol.	Price($)
2	13000	$1.50

Sellers (Offers)

Price($)	Vol.	No.
$1.55	31081	2

View Market Depth

No.	Vol.	Price($)
2	13000	1.500
1	1750	1.485
1	3113	1.470
1	1250	1.460
1	16363	1.440

Price($)	Vol.	No.
1.550	31081	2
1.560	1282	1
1.575	500	1
1.595	1000	1
1.600	19161	4

Last trade - 16.10pm 13/05/2024 (20 minute delay)


Last $1.52			Change 0.140 ( 9.79 %)
Open	High		Low	Volume
$1.45	$1.55		$1.44	23501
Last updated 15.58pm 13/05/2024 ?

RAC (ASX) Chart

SPONSORED BY