Dazza00...I always set my stop loss at two standard deviations from the 20 day moving average ...or 10% from the moving price ...I don't see a need to sell as long as the price is moving steadily upwards....In the past I often took profits far too early ...I try and avoid rapidly moving shares that are very volatile..but if I do really like the story and the numbers I use a 10% stop from the moving price or from my entry price and I may enter and exit the shares a number of times...it can be very frustrating but profitable!!!
I prefer to let the market do the work on the share and I just follow...I'm not smart enough to know the future ..I wait until the crowd are joining the party and I then join... and leave when the crowd leave...major funds buying are many thousand of times times greater than my small holding..I just catch the bus and try to get a front seat!!!
Before I enter any share I check out my evolving scenario..ie. how is the market for this product and is it a growing market ..what are the drivers ...what are the negatives .
Both the scenario for Uranium and PDN passed my test at 30c and are evolving solidly.
I believe the existing forces will take PDN well past its old high..where too...we must wait and see....I think it will be a long journey and it will make many fortunes ...but only time will tell.
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- worth keeping an eye on as well..
worth keeping an eye on as well.., page-46
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Last
$13.86 |
Change
-0.120(0.86%) |
Mkt cap ! $4.130B |
Open | High | Low | Value | Volume |
$13.78 | $13.91 | $13.62 | $21.66M | 1.574M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 3830 | $13.85 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$13.86 | 3837 | 42 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 4044 | 13.850 |
13 | 3752 | 13.840 |
11 | 5132 | 13.830 |
8 | 3528 | 13.820 |
10 | 8402 | 13.810 |
Price($) | Vol. | No. |
---|---|---|
13.860 | 4378 | 47 |
13.870 | 5807 | 31 |
13.880 | 2767 | 12 |
13.890 | 4333 | 12 |
13.900 | 3790 | 10 |
Last trade - 14.58pm 12/07/2024 (20 minute delay) ? |
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PDN (ASX) Chart |