Averaging down is not a fundamentally good investment strategy .
I would tend to watch carefully and once APX returns to an up trend then average on the up turn.
It sounds like a few here will be just happy to get their investment back .
I’m watching but I think will be volatile to the downside for a while .
Covid ain’t been kind
Democrats may not be kind too
Appen, Entropy, DCF Models & Investor Behaviour, page-68
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Last
47.5¢ |
Change
0.010(2.15%) |
Mkt cap ! $103.4M | |||
| Open | High | Low | Value | Volume |
| 47.0¢ | 47.5¢ | 47.0¢ | $33.57K | 70.68K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 66919 | 47.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 94841 | 9 |
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| Last trade - 10.28am 02/07/2024 (20 minute delay) ? |
| APX (ASX) Chart |