"The speculators will always be here in good stocks."
I'm curious cujo, so light-heartedly I ask:
These "good stocks" you speak of, what is their defining feature?
Also for future reference:
What is it specifically about their character that makes them 'good'?
When I first started trading shares a while ago, I was told unequivocally, there are only two types of stocks:
1/ Stocks that go up in price
2/ Stocks that go down
But recently I've learnt that there are also stocks that trade sideways over a period [like CVN this past 90 mins] and now I find there are good stocks too?
What next 'bad stocks'?
DYOR
What is a 'Sideways Trend'
A sideways trend is the horizontal price movement that occurs when the forces of supply and demand are nearly equal. This typically occurs during a period of consolidation before the price continues a prior trend or reverses into a new trend.
Read more: Sideways Trend https://www.investopedia.com/terms/s/sidewaystrend.asp#ixzz5O75IYCGa
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Last
15.0¢ |
Change
-0.005(3.23%) |
Mkt cap ! $268.3M |
Open | High | Low | Value | Volume |
15.0¢ | 15.5¢ | 14.5¢ | $197.1K | 1.315M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
20 | 978579 | 14.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
15.0¢ | 160943 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
20 | 978579 | 0.145 |
8 | 552300 | 0.140 |
2 | 437000 | 0.135 |
4 | 414230 | 0.130 |
2 | 100628 | 0.120 |
Price($) | Vol. | No. |
---|---|---|
0.150 | 160943 | 2 |
0.155 | 147161 | 3 |
0.160 | 1148144 | 17 |
0.165 | 254011 | 8 |
0.170 | 797038 | 12 |
Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
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CVN (ASX) Chart |