Yes.
Current TA.
RAC has left the upper Bollinger Band and perfectly consolidating right smack bang on the 23.6 Fib support at 95c.
It is making a sort of bullish consolidation, with reducing volume so is looking for news either way (but acting FOMO in reality ... DrT has bears needing hibernation on night watch lol)) ... FA reason to pop back to the BBand or, IMO, market influence to search for the 38.2 Fib at 80c. (I have a (nominal) stochastic resistance at $1.1 that might come into play yet)
It is time for consolidation ... that is healthy within a market here which is on steroids and performing like a Chinese lady swimmer in the 90's.
RAC - Charts & Price Action, page-164
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 (20min delay)
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Last
$1.41 |
Change
0.095(7.22%) |
Mkt cap ! $234.3M | |||
| Open | High | Low | Value | Volume |
| $1.32 | $1.41 | $1.32 | $249.8K | 182.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2826 | $1.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.43 | 40000 | 1 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
$1.37 |
Change
0.095 ( 6.64 %) |
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| Open | High | Low | Volume | ||
| $1.34 | $1.41 | $1.32 | 16145 | ||
| Last updated 15.53pm 10/05/2024 ? | |||||
| RAC (ASX) Chart |