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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That generally applies for downtrends/retraces. In my experience...
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Last
3.1¢ |
Change
0.002(6.90%) |
Mkt cap ! $97.73M |
Open | High | Low | Value | Volume |
3.1¢ | 3.2¢ | 3.0¢ | $95.90K | 3.106M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 2355345 | 3.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.1¢ | 329423 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 2841700 | 0.030 |
19 | 1345977 | 0.029 |
9 | 1931693 | 0.028 |
8 | 796297 | 0.027 |
4 | 1234917 | 0.026 |
Price($) | Vol. | No. |
---|---|---|
0.031 | 498253 | 5 |
0.032 | 1192020 | 6 |
0.033 | 1768301 | 9 |
0.034 | 2860782 | 15 |
0.035 | 2742944 | 8 |
Last trade - 10.17am 12/09/2024 (20 minute delay) ? |
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MAY (ASX) Chart |