Basic swing trade got me in this.
An exit would’ve been a split trailing stop at 20c the with stops on remainder of position at 18c yesterday.
Currently if range stays above16c and can break above today’s close on Monday will be a bullish signal to buy.
If I was trading this I would have a buy order on or just above today’s close with a tight stop 1-2c below. Or just be patient and wait 1-2 weeks until some increased volume arises and price turns on the overnight swing.
Either way I’m not trading this. I got lucky hit at 7.1entry on the overnight swing, and the fundamentals look worth the wait.
Basic swing trade got me in this. An exit would’ve been a split...
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 (20min delay)
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Last
0.8¢ |
Change
-0.002(20.0%) |
Mkt cap ! $7.719M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 0.8¢ | $44.07K | 4.670M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 3042996 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 3000 | 1 |
View Market Depth
| Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
| LCL (ASX) Chart |