I can see both sides.
Yes I think the majority here are rusted on longs, hoping that the fundamentals are realised and the share price will appreciate, however the chartists are winning right now, and may continue to do so.
To criticise them here is a no win.
No on can argue that RAC is unloved at present and the catalyst for buying is thin right now.
The argument between longs and shorts is useless, as both have completely different foundations.
I have picked my side an will hold true for fundamental success, but that doesn't;t mean the chartists won't win win the short term.
I can see both sides.Yes I think the majority here are rusted on...
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Last
$1.22 |
Change
-0.010(0.81%) |
Mkt cap ! $202.7M | |||
| Open | High | Low | Value | Volume |
| $1.26 | $1.26 | $1.14 | $381.6K | 320.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7000 | $1.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.22 | 2171 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$1.17 |
Change
-0.010 ( 5.54 %) |
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| Open | High | Low | Volume | ||
| $1.23 | $1.23 | $1.14 | 48407 | ||
| Last updated 15.52pm 03/05/2024 ? | |||||
| RAC (ASX) Chart |