Generally, on a day like yesterday with a large drop the following day or days will also have a good fall- give or take the few dead cat events.
It costs money to learn this. But if your research is sound you should usually profit in the long run- just you will seldom pick the bottom- but then, you do not need to get the bottom.
If WBC really is a good long term prospect, then it really does not matter over much if you get in at 23.50 or 22.50 or whatever. Just as long as you do not sell in panic when it continues to fall after you buy.
Something like that.
IMHO DYOR
Is WBC Over Sold ?, page-14
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Last
$28.98 |
Change
-0.730(2.46%) |
Mkt cap ! $100.3B | |||
| Open | High | Low | Value | Volume |
| $29.14 | $29.17 | $28.76 | $225.7M | 7.798M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1732 | $28.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $28.99 | 54287 | 4 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| WBC (ASX) Chart |