You are 100% correct I really don't know why I even let it get to me as I'm not really that kind of person generally.
And I know we need all sorts for a market to work but it kills me when I see good hard working mum and dads that DO get sucked in.
I'm not saying TA doesn't work it does if you have a sheep cult that follows.
BUT With RAC it is a tightly held stock with very low shares on issue and can easily be manipulated either way with a small amount of shares so TA does not work with a stock like RAC.
You have more chance of getting it right by looking at BUY /SELL orders
I seen earlier on it will retrace and it did and now looks like on the way up again I guess we will have to see how the bots want to close the day.
I won't respond anymore to the TA I have said my bit loud and clear.
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Last
$1.80 |
Change
-0.020(1.10%) |
Mkt cap ! $306.5M |
Open | High | Low | Value | Volume |
$1.83 | $1.84 | $1.78 | $222.5K | 123.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1390 | $1.80 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.80 | 200 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1390 | 1.795 |
1 | 3236 | 1.790 |
1 | 250 | 1.785 |
1 | 1685 | 1.780 |
1 | 3914 | 1.775 |
Price($) | Vol. | No. |
---|---|---|
1.800 | 200 | 1 |
1.815 | 1300 | 1 |
1.820 | 5117 | 3 |
1.830 | 2500 | 1 |
1.840 | 1200 | 1 |
Last trade - 12.28pm 27/06/2024 (20 minute delay) ? |
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RAC (ASX) Chart |