BRK 4.00% 1.2¢ brookside energy limited

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  1. 12,324 Posts.
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    No advice but that is the best strategy, holding what you've got to be covered just in case a big anns pops. Then, if spare funds avaiIable, buy more if it dips further. That type of stocks can swing in a blink of an eye, just a tweet can make a 1-2c move.

    Current selling over past week is share issue related, profit taking by those who can't see the bigger picture. Yesterday was just panicking by some as All Ords tanked almost by 150 points before the huge recovery in the arvo. Seen it so often over the years, people never learn.

    TA can be applied but as someone pointed out can be overthrown by any anns. I don't use TA, just go with the flow. Loaded up yesterday at 2.3c as well and will buy more if offered even lower. That is my strategy, served me well over the past 15 years as it is difficult to predict the low before the reversal. Could be 2.3c, could be 1.5c, who knows, as some people are capable of doing the unthinkable and act irrational.

    One more wisdom: To buy low, shares must be offered low. Buy when the market offers the opportunity as it hardly happens when we want it according to our timing.

    GLTA
 
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Last
1.2¢
Change
-0.001(4.00%)
Mkt cap ! $57.17M
Open High Low Value Volume
1.2¢ 1.2¢ 1.2¢ $332.5K 27.70M

Buyers (Bids)

No. Vol. Price($)
52 43356014 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 656882 1
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Last trade - 16.10pm 05/07/2024 (20 minute delay) ?
BRK (ASX) Chart
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