Penny if you want to buy more I would raise my buy to 6.6c if I were you.
6.5c is already a double bottom and a lot of black box systems would be set to throw in at market buy orders if 6.5c gets hit. It may only trade a small number at that price.
Having said that the company could be stuffed in which case it could fall much lower than 6c.
Risk reward favours a bounce if you like the stock so I would run with a higher chance of getting your order filled at 6.6c than 6.5c. ( IMO )
Cheers Hoot
- Forums
- ASX - By Stock
- QMN
- chart update
chart update, page-12
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)