All IMO (DYOR):
Price been creating higher highs and higher lows. MACD just about touching, news due by end of this QTR (Thursday), could propel the MACD to turn green again and drive us up out of the current channel. BOTS still at work in the course of sales so trading lately has been not of interest to me with these low volumes, just watching and have added when funds became available.
Recent quarter to quarter announcements have demonstrated that holders are more than comfortable sitting on shares, minimal selling going on (number of shares to be sold generally dries up in this stock). I credit @wombat777 for this interpretation of this data in the following post:
https://hotcopper.com.au/threads/rac-charts-price-action.5499241/page-8294?post_id=55762019
Exciting rest of the year ahead, some investors here probably would not have been here before March 2021, meaning you have not experienced the leg ups that Race has historically performed. Let me tell you, they hit different
Hope everyone is having a great afternoon.
RAC - Charts & Price Action, page-8771
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 (20min delay)
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Last
$1.52 |
Change
0.030(2.01%) |
Mkt cap ! $254.2M | |||
| Open | High | Low | Value | Volume |
| $1.51 | $1.53 | $1.48 | $141.7K | 94.55K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 427 | $1.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.52 | 2999 | 2 |
View Market Depth
| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
$1.51 |
Change
0.030 ( 0.85 %) |
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| Open | High | Low | Volume | ||
| $1.52 | $1.53 | $1.48 | 13236 | ||
| Last updated 15.53pm 21/05/2024 ? | |||||
| RAC (ASX) Chart |