Fatbloater
"Depends on the share & situation, with lynas if you averaged up & held every time you would have a terrible average right now because it would be accumulating until the fall then your average would be higher than the sp after the fall & because you wont buy to average down you end up just raising your average every time the sp rises & losing out even worse everytime the sp falls, averaging down is lowering your average towards the current sp until it turns upwards & then your in profit.
Your suggestion does not make sense when used for lyc, maybe for another share?
Has anyone on here averaged up & are now in a better position than an average of 56c?"
As I've said before IMO averaging down on lyc is no riskier than buying shares based on TA & is definately less of a gamble than averaging lyc up
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average down - lyc, can it work?, page-109
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Last
$6.11 |
Change
-0.180(2.86%) |
Mkt cap ! $5.711B |
Open | High | Low | Value | Volume |
$6.12 | $6.15 | $6.07 | $17.65M | 2.889M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 26354 | $6.10 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.15 | 3758 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10596 | 6.100 |
2 | 329 | 6.090 |
3 | 1300 | 6.080 |
6 | 28264 | 6.070 |
2 | 166 | 6.060 |
Price($) | Vol. | No. |
---|---|---|
6.210 | 710 | 1 |
6.230 | 5000 | 1 |
6.280 | 4100 | 1 |
6.290 | 158 | 1 |
6.300 | 5200 | 1 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
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