For those who topped up today (or looking to top-up at this level), why you think it is a good time to buy? @Galeo1@IndexInvestor@Misspelly
IMHO, today's action has been unimpressive: bull trap in the morning, low volume, strong bot activity, and virtually no recovery from yesterday's bloodbath. Most importantly we did not get a strong rejection of a $2.20 bottom that would have seen a nice double bottom play out.
I repeatedly bought in the $3.50-3.70 territory last year - only to see SP go down every time. Learning my lessons now so waiting a few more months: big seller exiting, end of overall market correction, and approaching new RAC clinical activities. Sound like safer to me.
GLTAH
RAC - Charts & Price Action, page-11475
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Last
$1.75 |
Change
0.010(0.57%) |
Mkt cap ! $298.0M | |||
| Open | High | Low | Value | Volume |
| $1.73 | $1.83 | $1.73 | $272.0K | 152.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9998 | $1.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.79 | 2000 | 1 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |