I think, you need to do bit of homework, before starting share trading. If someone is ramping a stock, he/she might be doing this because that stock is undervalued based on its fundamentals. So the chances of stock going up is MORE. But once it goes up, FOMO (fear of missing out) works & newbie pushes SP too much & stock is over-valued, where people start selling. Then it goes into over-sold territory, so again it goes up & FOMO works.
Check AZK chart for perfect example of FOMO
- Forums
- ASX - By Stock
- CL8
- Freefall
Freefall, page-32
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CL8 (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.488M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
CL8 (ASX) Chart |
Day chart unavailable
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
Previous Video
Next Video
SPONSORED BY The Market Online