Jack73: I've lost money holding RRL as it plunged from $2.5 down to $1.3X. then bought a whole heap at $1.4X. Bought more at $1.7X. Sold them at $1.8X, $1.9X. Currently suffering a minor loss on this particular stock due to the flooding.
Now I'm waiting till either it corrects back to low $1.7X or high $1.6X, or it breaks through to $2.1X, before re-entering. I might consider doing a bollinger band trade if it travels down too quickly.
That's my plan, what's yours?
RRL looking good, cheap prices, recovering, page-10
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 (20min delay)
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Last
$2.65 |
Change
0.010(0.38%) |
Mkt cap ! $2.002B | |||
| Open | High | Low | Value | Volume |
| $2.65 | $2.67 | $2.61 | $25.83M | 10.34M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 51444 | $2.64 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.65 | 2095 | 1 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| RRL (ASX) Chart |