I’ve been tempted for a while but held off due to general negative sentiment and war in Ukraine.
However I decided to have a nibble today at $2.57. Had been sat at $2.53 for a while, needless to say within a few minutes of moving up the buy side we had hit $2.53!
I do feel for those in the red and I think it’s much harder to average down when already in the red than to average up when still in the green, even if a stack of that green has been eroded lately.
However if you do believe in the FA here then surely it’s all just a psychological play if you were happy to take part in the SPP.
One of the reason I went again today was that I figured i don’t want to be saying I shoulda if (positive)news drops in line with promised company timelines in the next couple of weeks.
RAC - Charts & Price Action, page-10941
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Last
$1.95 |
Change
0.005(0.26%) |
Mkt cap ! $330.4M | |||
| Open | High | Low | Value | Volume |
| $1.93 | $1.96 | $1.91 | $91.41K | 47.18K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2130 | $1.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.95 | 2664 | 2 |
View Market Depth
| Last trade - 10.19am 16/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |