What I have learnt over many years is, the first day of the sell off is never the bottom.
Take the day of close and take another 10% ( up to 15% if the volume was quite high) off and your reaching a good entry point.
I have noticed stocks that disappoint, always give you an opportunity to get in. It hardly ever bounces quick.
Of course depending on a few factors, I will look for a 6.30 - 6.40 entry, if it gets there.
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$8.60 |
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
1 | 5834 | $8.57 |
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Price($) | Vol. | No. |
---|---|---|
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No. | Vol. | Price($) |
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1 | 5834 | 8.570 |
1 | 100 | 8.550 |
4 | 14130 | 8.540 |
6 | 17689 | 8.530 |
1 | 2506 | 8.520 |
Price($) | Vol. | No. |
---|---|---|
8.600 | 897 | 1 |
8.610 | 2506 | 1 |
8.640 | 2500 | 1 |
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