First of all , when I enter a stock for the first time, I only go in with a modest sum initially , just to test the waters, cause I know SP can get whip sawed in either direction , my intial buy was made when that engulfing green was developing with increased volume ( upper blue arrow ) , giving you the inpression it was off to the races, but in actual fact it was a bull trap, happens alot , so my decision to enter lightly has paid off, I am not going to average down cause that would explemplify more pain if it was to drop to 7.15, should it happen.
You will notice that between 10.5 and 20c, there is very little resistance, so from my perspective, it just makes sense to top up then with certaintly , rather than topping up and risk having more funds trapped where it could be better served elewhere.
I have 12 other stocks that i invest / trade, so money management is crucial.
I think one thing we can all agree on is CRO needs a news event.!!!
IMO
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Last
1.2¢ |
Change
0.002(20.0%) |
Mkt cap ! $55.24M |
Open | High | Low | Value | Volume |
1.1¢ | 1.2¢ | 1.1¢ | $21.39K | 1.944M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
17 | 5972326 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 8980430 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 5872326 | 0.010 |
14 | 6925838 | 0.009 |
10 | 5888248 | 0.008 |
6 | 6232562 | 0.007 |
7 | 3312420 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 8980430 | 15 |
0.013 | 9242645 | 10 |
0.014 | 7865378 | 12 |
0.015 | 7363083 | 7 |
0.016 | 5000000 | 2 |
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