just wanted to add (and I have mentioned this a few times over my 6 months with RAC), volatility has mainly been on the upside.
I stay invested for those upside surprises which I could never time but has been very profitable.
Scaling-in my investment in RAC (because I don't have guts to take one big plunge) has been a wonderful way to ride this. I speak to many follower investor friends and they find it difficult to enter when there has been a run on the stock already.
My response is put in a quarter to a third of your intended position and sit back and wait. if you like what you see, then scale in more.
Better to average up, than to miss a monster (multi month > multi year) stock performance while you are on the sidelines thinking I should have dipped a toe last month.
RAC - Charts & Price Action, page-61
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Last
$1.84 |
Change
-0.025(1.34%) |
Mkt cap ! $313.3M | |||
| Open | High | Low | Value | Volume |
| $1.89 | $1.91 | $1.81 | $257.6K | 138.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 26825 | $1.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.90 | 759 | 1 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| RAC (ASX) Chart |