I bought today at $2.28, and I've bought several more parcels at higher prices over the last few weeks (and many more at higher and lower prices over the last 2+ years).
Yes, today ended up looking like a bull trap. Yes, we didn't bounce exactly off $2.20. But with the S&P500 down 2.81%, NASDAQ composite down 3.95% and NASDAQ Biotech Index down 3.63% I thought RAC performed pretty damn well today.
Maybe it was a short-term reprieve, but who knows? The bottom will be somewhere, but they won't be ringing a bell to let you know.
If you liked it at $3.70 last year, what's not to like at $2.30 this year?
RAC - Charts & Price Action, page-11487
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Last
$1.54 |
Change
-0.015(0.97%) |
Mkt cap ! $261.5M | |||
| Open | High | Low | Value | Volume |
| $1.55 | $1.55 | $1.50 | $111.4K | 73.35K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $1.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.56 | 1400 | 1 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| RAC (ASX) Chart |