Don't kid yourselves with 'I will sell with a stop loss and buy back in when it goes up again' as they can and do still get you.
Look at NEU this morning in just 43 minutes the price has reversed several months of downdraft. So the reversal happened while you were not paying attention and you may have been locked out for good unless you pay more than you sold for.
The Jabbas of the world would tell you the share price falling means something MUST BE WRONG. Well let's see how wrong things were. Expected sales of their product by their big pharma partner were 45-55 million but the actual result came in at 66 million or 38% better than expected.
So Jabba is the fool once again in actual fact.
The same applies here to AW1 - the copper has not gone anywhere. Much harder for something to be wrong here than it was for NEU to have had something go wrong.
The share price graph is an illusion.
Do not fall for it.
AW1 Technical Analysis, page-2219
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Last
12.0¢ |
Change
0.015(14.3%) |
Mkt cap ! $62.18M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 12.0¢ | 11.0¢ | $669.0K | 5.706M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25000 | 11.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.0¢ | 781271 | 7 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| AW1 (ASX) Chart |