Hi Traders
When the trend is down which is now, how far down will it go?
Obviously to test next support levels. If that level fails it will continue on its downtrend. When you have a confirmed signal of trend change (not a false) you then enter which is less risk, so not just how much money to be made, it is risk verse reward to be considered also.
Have made this mistake in the past so lessons learnt.
I am waiting for that signal then I will be all in boots an all.
Snappaman
MGX Chart/Technical Analysis, page-3
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Last
40.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $492.0M | |||
| Open | High | Low | Value | Volume |
| 40.5¢ | 40.8¢ | 39.5¢ | $653.8K | 1.630M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 194610 | 40.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.5¢ | 82530 | 4 |
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| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| MGX (ASX) Chart |