I'm sure this is not trading based on retail investors - just too much manipulation in more than one respect.
BUT ... yesterdays sell-off was (IMO) based purely on Q news that contained no pure new fundamentals other than news of news this next Q. So it spiked on seemingly good news, then the pros sold into that spike (obvious resistance at $2) Today it gapped down at open based on bad market sentiment and has clawed back most of the opening gap (almost) but will backfill in the future IMO.
Good trading if you're onto it and prepared to take the bot on.
I'm sure this is not trading based on retail investors - just...
Add RAC (ASX) to my watchlist
 (20min delay)
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Last
$1.57 |
Change
-0.035(2.18%) |
Mkt cap ! $266.3M | |||
| Open | High | Low | Value | Volume |
| $1.59 | $1.62 | $1.56 | $101.6K | 64.09K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7451 | $1.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.60 | 408 | 1 |
View Market Depth
| Last trade - 15.53pm 05/06/2024 (20 minute delay) ? |
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Last
$1.58 |
Change
-0.035 ( 1.25 %) |
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| Open | High | Low | Volume | ||
| $1.58 | $1.62 | $1.56 | 7255 | ||
| Last updated 15.57pm 05/06/2024 ? | |||||
| RAC (ASX) Chart |