I believe the common term when the share price falls is "profit taking".
So when the share price increases, we should call it "profit giving". I look forward to RAC shareholders further "profit giving" in the coming weeks
Look how RAC shareholders were "profit giving" over the past 12 months, causing an increase in sp of over 1,300%.
RAC media coverage, page-39
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Last
$1.70 |
Change
0.090(5.59%) |
Mkt cap ! $289.5M | |||
| Open | High | Low | Value | Volume |
| $1.60 | $1.76 | $1.59 | $142.7K | 84.97K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 17175 | $1.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.77 | 6060 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| RAC (ASX) Chart |