stevo yes unfortunately capital protection is more important to me than holding through an ASX bear market. My super is in 100% cash at the moment while this plays out. I'm still bullish long (years) term but not short (weeks) or medium (months) term. Hence my strategy to wait on the sidelines while central banks raise rates into a struggling economy to see the impact.
Yes - even stocks with a glowing future can be sold off 50%+ in a bear market. Once the 30.5c support gets breached, if you're looking at fib targets for the reversal you'd shoot for the 1.618 from 50c to this level which is 18.5c.
stevo yes unfortunately capital protection is more important to...
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Last
19.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $438.9M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.0¢ | 18.5¢ | $370.1K | 1.953M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 81 | 3035191 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 19.0¢ | 93921 | 4 |
View Market Depth
| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
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Last
19.0¢ |
Change
0.000 ( 1.33 %) |
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| Open | High | Low | Volume | ||
| 19.0¢ | 19.0¢ | 18.8¢ | 898335 | ||
| Last updated 15.59pm 08/05/2024 ? | |||||
| ARU (ASX) Chart |