Previous analysis stands true: IMO Bullish
1: Light blue 6EMA has bounced off purple 20EMA and price has bounced off the short term up trend. (I managed to pick up my last parcel yesterday for a very good price).
2: The MACD has bounced and remains bullish.
3: If you look towards the arrows showing the trend with volume, you will see that it is seesawing at the moment and building. I anticipate that buying volume will increase namely because we are now 41 days away from receiving three lots of news that are fundamental to the three pillar approach of Race Oncology this year.
The challenge of $2 will come very soon I expect.
RAC - Charts & Price Action, page-3105
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 (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 |