You have raised stop losses. I did use them in the distant past. When wild manipulated swings in a share price were infrequent. And invariably caused by a tangible occurrence notably, in regard to a company, supportive or unsupportive news.
But in the market today this is not the case. Stop losses are too easily hit by manipulation downwards of the share price.
To whit, today a fall of nearly 5%. Took out all those inattentive stop losses below 5%.
PNV - Chart, page-18106
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Last
$2.39 |
Change
-0.040(1.65%) |
Mkt cap ! $1.650B | |||
| Open | High | Low | Value | Volume |
| $2.41 | $2.46 | $2.39 | $3.298M | 1.372M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 46456 | $2.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.42 | 7428 | 2 |
View Market Depth
| Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
| PNV (ASX) Chart |