There is the old adage of never catch a falling sword and plenty of other sayings but in reality my view is in a downturn never bet against the big boys in the market. With no major news they will dictate what way they want that particular share or sector to move and for how long. In saying that if your done all your research and DD. when the market turns which it surely will, the quality stocks wil be handsomely rewarded.
imo RAC will certainly be one of those at the top of the queue when the time comes. Patience is the key word.
RAC - Charts & Price Action, page-11524
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Last
$1.57 |
Change
0.010(0.64%) |
Mkt cap ! $267.5M | |||
| Open | High | Low | Value | Volume |
| $1.58 | $1.64 | $1.55 | $134.0K | 84.34K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6283 | $1.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.60 | 6559 | 2 |
View Market Depth
| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| RAC (ASX) Chart |