Fatbloater
"Depends on the share & situation, with lynas if you averaged up & held every time you would have a terrible average right now because it would be accumulating until the fall then your average would be higher than the sp after the fall & because you wont buy to average down you end up just raising your average every time the sp rises & losing out even worse everytime the sp falls, averaging down is lowering your average towards the current sp until it turns upwards & then your in profit.
Your suggestion does not make sense when used for lyc, maybe for another share?
Has anyone on here averaged up & are now in a better position than an average of 56c?"
As I've said before IMO averaging down on lyc is no riskier than buying shares based on TA & is definately less of a gamble than averaging lyc up
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average down - lyc, can it work?, page-109
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Last
$7.04 |
Change
0.000(0.00%) |
Mkt cap ! $6.580B |
Open | High | Low | Value | Volume |
$7.12 | $7.27 | $7.04 | $30.56M | 4.289M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 35 | $7.03 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$7.06 | 5575 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 35 | 7.030 |
3 | 27854 | 7.020 |
4 | 21759 | 7.010 |
2 | 11978 | 7.000 |
1 | 11836 | 6.990 |
Price($) | Vol. | No. |
---|---|---|
7.060 | 5575 | 1 |
7.100 | 11836 | 1 |
7.110 | 12811 | 2 |
7.120 | 12186 | 2 |
7.130 | 11836 | 1 |
Last trade - 16.10pm 10/09/2024 (20 minute delay) ? |
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