You can play this 2 ways.
1- The correction is over, it's business as usual, get in now before you miss the boat.
2- There's a huge bull trap developing. Small investers getting into the market now are like lambs to the slaughter. When the markets roll over and hit a lower low there will be mass liquidations ocurring again to cover margin calls. Cash is king right now.
I'm actioning option 2, 80% cashed up. Sold most of my SVL holding, looking to buy back in sub 6 cents.
anyone for 6 trillion?, page-292
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 (20min delay)
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Last
9.6¢ |
Change
-0.004(4.00%) |
Mkt cap ! $144.7M | |||
| Open | High | Low | Value | Volume |
| 9.9¢ | 9.9¢ | 9.5¢ | $725.5K | 7.487M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 335079 | 9.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.7¢ | 46539 | 11 |
View Market Depth
| Last trade - 15.57pm 11/11/2024 (20 minute delay) ? |
| SVL (ASX) Chart |