It's not a hard guess that traders would likely exit their positions here. As much as I hate the selldown by traders, but RAC is better off with longer-term investors rather than a quick profit scheme.
Shorters and full-time downrampers will start popping up from now until the next run-up that will shut them up again.
I am appealing to long-term investors on the sideline, if you believe fundamental, in coming weeks, DYOR, the entry point will be very attractive.
RAC - Charts & Price Action, page-2443
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 (20min delay)
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Last
$1.40 |
Change
-0.055(3.79%) |
Mkt cap ! $237.8M | |||
| Open | High | Low | Value | Volume |
| $1.45 | $1.45 | $1.33 | $213.7K | 155.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 55 | $1.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.40 | 7167 | 1 |
View Market Depth
| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| RAC (ASX) Chart |