Yes there will always be a group of investors that think that just because a stock previously traded at $16 dollars, it must be excellent value at $11. Its called 'anchoring bias'.
Alert Bouncing off Long Term Support, page-215
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 (20min delay)
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Last
$11.97 |
Change
0.025(0.21%) |
Mkt cap ! $8.099B | |||
| Open | High | Low | Value | Volume |
| $11.98 | $12.06 | $11.94 | $5.048M | 420.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 5222 | $11.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.97 | 2066 | 19 |
View Market Depth
| Last trade - 12.45pm 09/10/2024 (20 minute delay) ? |
| AGL (ASX) Chart |