That generally applies for downtrends/retraces. In my experience (and I still get caught out from time to time...like now with BRU) the timeframe you are looking at determines where you want to take a position. If you're holding this for a few days you might get stuck in a consolidation patch or support testing. If you're holding this for a couple of weeks you'll be absolutely fine. If you're holding this for a number of months/closer to a year you will be LAUGHING!!
But in saying all this I wouldn't take investment advice solely from a social platform, but use the research and fundamental information provided by those who have better knowledge of the sector to inform some decision making.
Imo
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2.2¢ |
Change
-0.010(31.3%) |
Mkt cap ! $80.88M |
Open | High | Low | Value | Volume |
2.8¢ | 2.9¢ | 2.2¢ | $1.412M | 57.30M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 628776 | 2.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.3¢ | 923078 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
21 | 6268939 | 0.022 |
13 | 1486655 | 0.021 |
17 | 1748652 | 0.020 |
7 | 491042 | 0.019 |
2 | 744444 | 0.018 |
Price($) | Vol. | No. |
---|---|---|
0.023 | 983579 | 4 |
0.024 | 1737000 | 3 |
0.025 | 3834755 | 10 |
0.026 | 2476118 | 7 |
0.027 | 2447956 | 9 |
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