Im probably speaking out of line, but what I liked about EW is he seems to find undervalued companies based on FA, and then trades the TA and behaviourals until fair value.
He said a few times he does 50% of what the TA said so at least he was half right.
Pretty clever really.
I'll admit I'm terrible at TA. I'd put more faith in JohnB tea leaves than my charting skills... The only chart I've actually understood to date was the one Ritzy put up ages ago that showed a big smile..
RAC - Charts & Price Action, page-4360
Add RAC (ASX) to my watchlist
 (20min delay)
|
|||||
|
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) ? |
|
|||||
|
Last
$1.17 |
Change
-0.010 ( 5.54 %) |
||||
| Open | High | Low | Volume | ||
| $1.23 | $1.23 | $1.14 | 48407 | ||
| Last updated 15.52pm 03/05/2024 ? | |||||
| RAC (ASX) Chart |