Couldn't help myself - got a few more, not many but the charts turned so what the heck.
Chart acted exactly as it should so far ... trying to eyeball an Elliot Wave count but it's too bullish really for that and so little volume.
If I had to guess I'd say we're about to enter Wave 5 ... in the first cycle up ... the last up-leg, Wave 3 was 12-28c - 16c interval. I expect a 50% increase in that interval ... 24c ... so target is looking like 46-48c over a month to month and a half if I had to guess.
This is the big leg when we're looking for substantial news.
RAC Charts, page-542
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Last
$1.19 |
Change
-0.030(2.46%) |
Mkt cap ! $197.8M | |||
| Open | High | Low | Value | Volume |
| $1.20 | $1.24 | $1.17 | $25.43K | 21.19K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 700 | $1.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.19 | 2856 | 1 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
$1.19 |
Change
-0.030 ( 1.25 %) |
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| Open | High | Low | Volume | ||
| $1.18 | $1.24 | $1.18 | 8334 | ||
| Last updated 15.37pm 06/05/2024 ? | |||||
| RAC (ASX) Chart |