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$1.27 race oncology ltd

RAC - Charts & Price Action, page-20632

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vincenski

3,200 Posts.

31

27/04/24

14:40

Post #: 73537354
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Originally posted by slick: ↑

I don't do numbered targets as all that creates is a mental bias and general BS. Keep it as simple as you can IMO, currently the SP is in a 13 day mini downtrend printing reds and MACD indicating that momentum is still falling further.
Therefore a realistic and potential (your words) entry will present when both the MACD reverses back to the positive and green candles are printing. Don't even try to put a number on it, it will happen when it happens, sit on your hands until it does. IMO

Hourly chart best describes it. You really want to see the left hand side where the candles are dominated by big greens with the yellow 8ema above the 20ema not like the right hand side dominated by reds and the 8ema below the 20ema.

Sorry I couldn't put a number on it but charting doesn't do that, we need to wait until the buy signals are presented.

Cheers.

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Thank you... very informative.. I'll wait then

RAC Price at posting: $1.31 Sentiment: None Disclosure: Not Held
4 Upvote

0 Great analysis

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(20min delay)
Last $1.27		Change 0.010(0.79%)		Mkt cap ! $214.4M

Open	High	Low	Value	Volume
$1.26	$1.29	$1.26	$17.16K	13.44K

Buyers (Bids)

No.	Vol.	Price($)
1	7674	$1.24

Sellers (Offers)

Price($)	Vol.	No.
$1.27	100	1

View Market Depth

No.	Vol.	Price($)
1	7674	1.245
1	600	1.230
1	1000	1.220
2	2344	1.210
2	12000	1.205

Price($)	Vol.	No.
1.270	100	1
1.290	4155	1
1.295	6256	2
1.300	13081	4
1.320	1600	2

Last trade - 10.57am 09/05/2024 (20 minute delay)


Last $1.27			Change 0.010 ( 2.71 %)
Open	High		Low	Volume
$1.26	$1.27		$1.26	600
Last updated 10.39am 09/05/2024 ?

RAC (ASX) Chart

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