I agree with that. It Depends on individual investment theory as higher price delivers better feelings from investors with higher premium price at the same time. I understand some traders prefer jump in and out based on chart or whatever in order to make some profit. It is perfect if someone has ability to find the right entry and exit points and is able to assure the accuracy. the issue is no one can do 100% right thing(60%-70% is the best as far as I know). So the key point is you have to secure the ratio (possible margins/possibilities). "Buy high sell higher" could make profit sometimes but is not possible to match this kind of investment strategy.
EVN chart, page-3202
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 (20min delay)
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Last
$4.24 |
Change
0.040(0.95%) |
Mkt cap ! $8.432B | |||
| Open | High | Low | Value | Volume |
| $4.23 | $4.26 | $4.20 | $25.54M | 6.035M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 252217 | $4.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.25 | 110664 | 13 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| EVN (ASX) Chart |