Yep agree, posted this elsewhere yesterday and it absolutely shows that the BIO sector is at a level of resistance and at highs since 2021.
Now many might think what has this got to do with a micro cap BIO on the ASX but here’s the thing. It may have little to do with RAC in the small picture but there is a definite flow on effect in the big picture to the small lads when the big boys are running in a bullish sector.
And of course the opposite is true, why would you want to be fully in on a sector in a strong bear trend a la the past few years of Bios.
Cheers
RAC Charts, page-1757
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RAC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.58 |
Change
0.055(3.62%) |
Mkt cap ! $268.4M | |||
| Open | High | Low | Value | Volume |
| $1.56 | $1.61 | $1.56 | $106.0K | 67.13K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 649 | $1.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.59 | 3000 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| RAC (ASX) Chart |