bought at close yesterday, im a sucker for buying at close on a large dip day on most stocks.
In fact, I have no idea what this mob really do and dont care to be honest.
Sometimes I think this is the best way to day trade.
Minnow stocks (espec mining) tend to get somewhat overbought when promoted and in the midst of a drilling campaign, then on the downturn can be oversold to the downside on very down (35% plus) down days.
Stats tell me its more often than not a good time to grab a few at close the day of the disaster (drop), before day 2 trade, as around 78% of the time a stock that dives over 30% in a day rebounds at least 10% day 2.
Obviously its also wise to choose the right ones to play.
Lets see if the stats hold up today.
Anyway in for a few, and most probably out again before end of the week, but good luck all.
Warnie
- Forums
- ASX - By Stock
- RDM
- visuals out
visuals out, page-58
-
- There are more pages in this discussion • 61 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add RDM (ASX) to my watchlist
|
|||||
Last
12.5¢ |
Change
-0.005(3.85%) |
Mkt cap ! $37.45M |
Open | High | Low | Value | Volume |
13.0¢ | 13.0¢ | 12.5¢ | $16.57K | 131.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10374 | 12.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
13.5¢ | 123414 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10374 | 0.125 |
1 | 23520 | 0.120 |
2 | 17000 | 0.115 |
1 | 50000 | 0.110 |
2 | 15500 | 0.105 |
Price($) | Vol. | No. |
---|---|---|
0.135 | 123414 | 3 |
0.140 | 105000 | 3 |
0.145 | 90000 | 1 |
0.150 | 242987 | 6 |
0.155 | 57832 | 2 |
Last trade - 15.36pm 23/08/2024 (20 minute delay) ? |
RDM (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online