Averaging down is not a fundamentally good investment strategy .
I would tend to watch carefully and once APX returns to an up trend then average on the up turn.
It sounds like a few here will be just happy to get their investment back .
I’m watching but I think will be volatile to the downside for a while .
Covid ain’t been kind
Democrats may not be kind too
Appen, Entropy, DCF Models & Investor Behaviour, page-68
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Last
48.0¢ |
Change
-0.015(3.03%) |
Mkt cap ! $106.7M | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 50.0¢ | 47.0¢ | $676.8K | 1.408M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 42063 | 47.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 35424 | 3 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| APX (ASX) Chart |