I agree with all of you above who have said that we are still at the beginning
Yesterdays jump was the bottom stepping stone of one of the greatest pyramids ever built... 21 %? That's nothing compared to what we have to look forward to...
To be honest, since buying RAC, I rarely check the SP as I know the ultimate destination... Not really interested in the daily / weekly price fluctuations ... The Market will RE-RATE us accordingly in time and has in fact started to catch on- I now regret not buying my top-up at $1.60, but ahhhh well, even $2.50 is still very undervalued....
I wont go into the FA side of things, because Wombat is doing an awesome job in all of his great Analysis
But TA wise, it looks like we have achieved a breakout (third attempt on resistance) and are now knocking on the door of $4.00
Good luck all
Cari
RAC - Charts & Price Action, page-3404
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Last
$1.80 |
Change
-0.005(0.28%) |
Mkt cap ! $306.5M | |||
| Open | High | Low | Value | Volume |
| $1.81 | $1.83 | $1.80 | $87.03K | 48.18K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 14868 | $1.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.82 | 700 | 1 |
View Market Depth
| Last trade - 14.25pm 28/06/2024 (20 minute delay) ? |
| RAC (ASX) Chart |