You are 100% correct I really don't know why I even let it get to me as I'm not really that kind of person generally.
And I know we need all sorts for a market to work but it kills me when I see good hard working mum and dads that DO get sucked in.
I'm not saying TA doesn't work it does if you have a sheep cult that follows.
BUT With RAC it is a tightly held stock with very low shares on issue and can easily be manipulated either way with a small amount of shares so TA does not work with a stock like RAC.
You have more chance of getting it right by looking at BUY /SELL orders
I seen earlier on it will retrace and it did and now looks like on the way up again I guess we will have to see how the bots want to close the day.
I won't respond anymore to the TA I have said my bit loud and clear.
You are 100% correct I really don't know why I even let it get...
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Last
$1.61 |
Change
-0.040(2.42%) |
Mkt cap ! $267.8M | |||
| Open | High | Low | Value | Volume |
| $1.71 | $1.71 | $1.54 | $370.9K | 232.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 392 | $1.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.61 | 13999 | 1 |
View Market Depth
| Last trade - 16.10pm 15/05/2024 (20 minute delay) ? |
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Last
$1.58 |
Change
-0.040 ( 6.08 %) |
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| Open | High | Low | Volume | ||
| $1.62 | $1.65 | $1.54 | 41933 | ||
| Last updated 15.58pm 15/05/2024 ? | |||||
| RAC (ASX) Chart |