Looks like you fell for the 3 card trick:
1. Overhyped stock (it's easy to fall for it and traders get carried away)
2. Bought on the way down (catching a falling knife is very dangerous)
3. Didn't have a plan before buying or set a stoploss (10% loss is better than 30% etc)
So long as you learn from your trade it's the best training money can buy IMO.
Good luck with your next one.
Not sure when u bought in, this monthly chart shows that between 13-26th Nov, 2 x BIG M's and the second one has a lower high and lower low than the previous, so the stock was unwinding at that point and on the most volume.
Something to consider next time you enter a stock.
Chart, page-1383
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 (20min delay)
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Last
3.0¢ |
Change
-0.003(9.09%) |
Mkt cap ! $27.06M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.4¢ | 3.0¢ | $32.26K | 1.016M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 720804 | 3.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.1¢ | 30000 | 1 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| BIT (ASX) Chart |