It's the KIS strategy of keeping it simple
In my previous example I bought back in when it was just on top of the BB, in theory I should have waited ,but I made a 5c gain and still have the same holding at the end of the day.
To be true to the theory, I would have waited until the price drops bow the BB,which has happened this morning at 1.33 at 10 10 am.
Now you buy back in and even bigger gain.
pick up along the way and you make money plus maintaining your holdings.
Back test it. It workseverytime as long as you have patience and discipline
BET chart, page-940
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Last
8.2¢ |
Change
-0.003(3.53%) |
Mkt cap ! $79.13M | |||
| Open | High | Low | Value | Volume |
| 8.5¢ | 8.7¢ | 8.2¢ | $129.0K | 1.538M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 621131 | 8.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 8.4¢ | 125380 | 2 |
View Market Depth
| Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
| BET (ASX) Chart |