russiancircles,
Try it with the lynas chart, your average would be much higher than someone that averaged down
If you averaged on any of the lyc up trends you would be in a real bad place, your thinking TA always works but its just another educated guess, gambling
As opposed to averaging down on a manipulated share with good fundamentals IMO
If you havn't noticed the sp changes real fast on the turns, this is a share you want to be in when it does turn IMO, not slowly accumulating on the rise but accumulating on the fall
average down - lyc, can it work?, page-121
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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 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| LYC (ASX) Chart |