You don't grab a falling knife, you wait till it bounces and lands flat ---- then you pick it up . Technically it's called waiting for the retest of the bottom. Better still wait tll the RSI diverges to the upside. That means RMD will rise at some stage and more than likely hit a new LOW, before turning properly - that is when the divergence will appear. The low yield got me out months ago thank goodness.
You don't grab a falling knife, you wait till it bounces and...
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Last
$31.95 |
Change
0.170(0.53%) |
Mkt cap ! $20.28B | |||
| Open | High | Low | Value | Volume |
| $31.78 | $31.95 | $31.72 | $23.42M | 734.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 601 | $31.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $31.96 | 31160 | 3 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
$31.92 |
Change
0.170 ( 0.61 %) |
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| Open | High | Low | Volume | ||
| $31.77 | $31.95 | $31.72 | 189067 | ||
| Last updated 15.59pm 07/06/2024 ? | |||||
| RMD (ASX) Chart |