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Be weary of anchoring to a previous price. I first noticed this...

  1. 569 Posts.
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    Be weary of anchoring to a previous price. I first noticed this at 18c and it ran to 24c and I had a buy price of 22 and it never got back there. I ended up buying at 30c but missed a heap of upside cause I was anchoring to the 18c and thought it would pull back to there at some point.
 
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