Hi All, just using a couple of recent use case lessons on editing to reflect on the unjustified and ultimately incorrect calls that Dory put forward around 6-8 weeks ago.
https://hotcopper.com.au/threads/rac-ta-charting.6221020/page-55?post_id=55353032
https://hotcopper.com.au/threads/rac-ta-charting.6221020/page-61?post_id=55369457
https://hotcopper.com.au/threads/rac-ta-charting.6221020/page-19?post_id=55333454
https://hotcopper.com.au/threads/rac-ta-charting.6221020/page-29?post_id=55346510
Called before the move
will get ugly
charts don't lie
RAC Price at posting: $2.99 Sentiment: Sell Disclosure: Held
In the poster's favour Dory did finally admit to this being a Bear Trap and indicated a destination around $3.60 as per the post replied to here when we last heard from him on the 1st of September. IMHO this does imply a predictive value in the charts and it also suggest that manners and humility should be a part of any Hot Copper poster's repertoire; as you probably never want to turn out being as wrong as Dory in such an arrogant and impolite manner.
Happily at the time of posting this investor is up a decent 1960's Aston Martin since Dory's rampant sell messages reached their crescendo on the 17th of August.
RAC - Charts & Price Action, page-8738
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Last
$1.75 |
Change
0.010(0.57%) |
Mkt cap ! $298.0M | |||
| Open | High | Low | Value | Volume |
| $1.73 | $1.83 | $1.73 | $272.0K | 152.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9998 | $1.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.79 | 2000 | 1 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |